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Bill: Income Tax Reform Act of 4312
Details
Submitted by[?]: Republican Renewal Party
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: October 4312
Description[?]:
| This bill lowers overall tax burden on the country, maintains our surplus, and provides relief for the poorest Beluzians |
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 |
| > 7,000 BEL | 4% | 6,717,000,000 BEL |
| > 10,000 BEL | 9% | 17,664,000,000 BEL |
| > 14,000 BEL | 12% | 21,269,000,000 BEL |
| > 19,000 BEL | 16% | 20,806,000,000 BEL |
| > 25,000 BEL | 23% | 18,400,000,000 BEL |
| > 32,000 BEL | 29% | 21,786,000,000 BEL |
| > 50,000 BEL | 36% | 4,254,000,000 BEL | Total | 110,896,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 11:21:32, December 03, 2017 CET | From | United Party | To | Debating the Income Tax Reform Act of 4312 |
| Message | “We will abstain.” |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 287 | |||
| no |
Total Seats: 278 | |||
| abstain | Total Seats: 185 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "To refuse political equality is to rob the ostracized of all self-respect." - Elizabeth Cady Stanton |