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Bill: Income tax proposal of October 4466
Details
Submitted by[?]: Center 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: December 4467
Description[?]:
| The Center 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 |
| > 5,000 BEL | 1% | 2,810,000,000 BEL |
| > 10,000 BEL | 2% | 8,024,000,000 BEL |
| > 20,000 BEL | 5% | 8,200,000,000 BEL |
| > 30,000 BEL | 8% | 5,122,000,000 BEL |
| > 40,000 BEL | 11% | 3,293,000,000 BEL |
| > 50,000 BEL | 14% | 1,571,000,000 BEL |
| > 60,000 BEL | 16% | 96,000,000 BEL |
| > 70,000 BEL | 19% | 0 BEL | Total | 29,116,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 95 | ||||
| no |
Total Seats: 367 | ||||
| abstain |
Total Seats: 38 |
| Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
| Random quote: "People say I steal. Well, all politicians steal." - Huey Long |