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Bill: tax proposal of November 4313
Details
Submitted by[?]: Beluzian Party
Status[?]: passed
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 4314
Description[?]:
This proposals will dinamice the economy to make it efficient as an oily cog. while lowering taxes fairly on all Beluzians. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 10
Proposed: 0
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 0
Proposed: 0
Article 3
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 4
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 10
Proposed: 0
Article 5
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 |
> 1,000,000,000 BEL | 1% | 0 BEL | Total | 0 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 23:14:54, December 06, 2017 CET | From | Beluzian Party | To | Debating the tax proposal of November 4313 |
Message | we calculated we can afford this with the revenue we get and the spending we spend. |
Date | 00:27:25, December 07, 2017 CET | From | Republican Renewal Party | To | Debating the tax proposal of November 4313 |
Message | We need to cut spending, so for the moment I will support this, but I think it goes overboard. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 382 | ||||
no |
Total Seats: 368 | ||||
abstain | Total Seats: 0 |
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