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Bill: Income tax proposal of July 4594
Details
Submitted by[?]: Social Democratic Party of Beluzia
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: March 4595
Description[?]:
The Social 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% | 1,504,000,000 BEL |
> 13,000 BEL | 3% | 3,806,000,000 BEL |
> 16,000 BEL | 5% | 6,170,000,000 BEL |
> 20,000 BEL | 14% | 16,494,000,000 BEL |
> 26,000 BEL | 20% | 17,456,000,000 BEL |
> 35,000 BEL | 30% | 13,673,000,000 BEL |
> 47,000 BEL | 38% | 4,888,000,000 BEL |
> 53,000 BEL | 50% | 3,008,000,000 BEL | Total | 66,999,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 587 | ||||
no | Total Seats: 0 | ||||
abstain | Total Seats: 163 |
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