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Bill: Income tax proposal of December 4312
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 not pass any sooner than the deadline.
Voting deadline: July 4315
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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 10
Proposed: 30
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 10
Proposed: 5
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 10
Article 4
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 | 5% | 8,418,000,000 BEL |
| > 10,000 BEL | 10% | 19,677,000,000 BEL |
| > 14,000 BEL | 13% | 23,107,000,000 BEL |
| > 19,000 BEL | 17% | 22,168,000,000 BEL |
| > 25,000 BEL | 22% | 17,650,000,000 BEL |
| > 32,000 BEL | 28% | 12,683,000,000 BEL |
| > 40,000 BEL | 35% | 14,639,000,000 BEL | Total | 118,342,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 21:41:26, December 08, 2017 CET | From | Stanton House | To | Debating the Income tax proposal of December 4312 |
| Message | if you vote no why? |
| Date | 22:16:45, December 08, 2017 CET | From | Beluzian Party | To | Debating the Income tax proposal of December 4312 |
| Message | because our people dont want you to take their money! |
| Date | 02:20:25, December 09, 2017 CET | From | Unsubmissive Beluzian Workers Party | To | Debating the Income tax proposal of December 4312 |
| Message | You're taxing people basic necessities, which harms consumers and makes no sense |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 181 | ||||
| no |
Total Seats: 271 | ||||
| abstain |
Total Seats: 298 |
| Random fact: Players have a responsibility to make a reasonable effort to be accurate when communicating the rules to other players. Any player who manipulatively misleads another player about the rules will be subject to sanction. |
| Random quote: "Nature provides a free lunch, but only if we control our appetites." - William Ruckelshaus |