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Bill: Income tax proposal of June 4406
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: February 4407
Description[?]:
| The Business and Development Party 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 |
| > 50 BEL | 99% | 11,179,000,000 BEL |
| > 250 BEL | 75% | 10,586,000,000 BEL |
| > 500 BEL | 50% | 14,115,000,000 BEL |
| > 1,000 BEL | 40% | 22,584,000,000 BEL |
| > 2,000 BEL | 30% | 16,938,000,000 BEL |
| > 3,000 BEL | 25% | 14,115,000,000 BEL |
| > 4,000 BEL | 15% | 50,620,000,000 BEL |
| > 10,000 BEL | 10% | 60,658,000,000 BEL |
| > 35,000 BEL | 5% | 2,646,000,000 BEL |
| > 50,000 BEL | 1% | 118,000,000 BEL | Total | 203,559,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 06:38:10, June 10, 2018 CET | From | Beluzian Party | To | Debating the Income tax proposal of June 4406 |
| Message | We need the taxes to increace spending. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 269 | ||||||
| no | Total Seats: 26 | ||||||
| abstain |
Total Seats: 224 |
| Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "Politics: a strife of interests masquerading as a contest of principles. The conduct of public affairs for private advantage." - Ambrose Bierce |