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Bill: Income tax proposal of October 4368
Details
Submitted by[?]: Radical Action
Status[?]: passed
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: June 4369
Description[?]:
| The Democratic Party of Beluzia 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 | 1% | 4,020,000,000 BEL |
| > 20,000 BEL | 2% | 3,288,000,000 BEL |
| > 30,000 BEL | 3% | 1,926,000,000 BEL |
| > 40,000 BEL | 14% | 2,409,000,000 BEL |
| > 45,000 BEL | 25% | 3,199,000,000 BEL |
| > 50,000 BEL | 36% | 2,888,000,000 BEL |
| > 55,000 BEL | 47% | 1,509,000,000 BEL |
| > 60,000 BEL | 58% | 346,000,000 BEL | Total | 19,585,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 399 | ||
| no | Total Seats: 351 | ||
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "When the tyrant has disposed of foreign enemies by conquest or treaty, and there is nothing to fear from them, then he is always stirring up some war or other in order that the people may require a leader." - Plato |