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Bill: Income tax proposal of March 4495
Details
Submitted by[?]: Stanton House
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: November 4495
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
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% | 4,008,000,000 BEL |
| > 20,000 BEL | 6% | 9,834,000,000 BEL |
| > 30,000 BEL | 18% | 11,523,000,000 BEL |
| > 40,000 BEL | 30% | 8,981,000,000 BEL |
| > 50,000 BEL | 40% | 4,488,000,000 BEL |
| > 60,000 BEL | 50% | 298,000,000 BEL | Total | 39,132,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 23:31:02, December 04, 2018 CET | From | Stanton House | To | Debating the Income tax proposal of March 4495 |
| Message | i made tax more fair |
| Date | 23:31:20, December 04, 2018 CET | From | Stanton House | To | Debating the Income tax proposal of March 4495 |
| Message | if you vote no why? |
| Date | 02:46:48, December 05, 2018 CET | From | Unsubmissive Beluzian Workers Party | To | Debating the Income tax proposal of March 4495 |
| Message | The UBWP votes no as the tax burden is still on the lower and middle class. We cannot be called a progressive nation if we do not give the low and middle income classes tax relief and have the rich pay more of their fair share |
| Date | 03:06:54, December 05, 2018 CET | From | Stanton House | To | Debating the Income tax proposal of March 4495 |
| Message | will got to have a luxury good tax increase |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 311 | ||||
| no | Total Seats: 70 | ||||
| abstain |
Total Seats: 119 |
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