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Bill: Income tax proposal of September 4310
Details
Submitted by[?]: Stanton House
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: May 4311
Description[?]:
The Stanton House propose to adjust the government's income tax policy to better address the economic situation of the Republic of Beluzia. |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
Bracket | Tax | Estimated Revenue |
> 10,000 BEL | 10% | 19,660,000,000 BEL |
> 14,000 BEL | 13% | 23,085,000,000 BEL |
> 19,000 BEL | 17% | 22,146,000,000 BEL |
> 25,000 BEL | 22% | 17,635,000,000 BEL |
> 32,000 BEL | 28% | 12,672,000,000 BEL |
> 40,000 BEL | 35% | 6,016,000,000 BEL |
> 45,000 BEL | 40% | 9,836,000,000 BEL | Total | 111,050,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 14:09:58, November 30, 2017 CET | From | Stanton House | To | Debating the Income tax proposal of September 4310 |
Message | if no why? |
Date | 14:15:15, November 30, 2017 CET | From | Unsubmissive Beluzian Workers Party | To | Debating the Income tax proposal of September 4310 |
Message | More revenue means less likely for a deficit to occur |
Date | 14:15:32, November 30, 2017 CET | From | Unsubmissive Beluzian Workers Party | To | Debating the Income tax proposal of September 4310 |
Message | Less means the opposite |
Date | 21:51:59, November 30, 2017 CET | From | United Party | To | Debating the Income tax proposal of September 4310 |
Message | "We need to increase the economic in take in order to better fund the government." |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 163 | |||||
no |
Total Seats: 486 | |||||
abstain | Total Seats: 101 |
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