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Bill: Income tax proposal of May 2207
Details
Submitted by[?]: LiberalDemocraticFreedomTaxAndSpendParty
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: January 2208
Description[?]:
| This tax bill eliminates taxes for all those earning under 3000 BEL a year, this is up from the 500 BEL bracket that we have now. It also lowers taxes on those Beluzians earning between 3000 BEL and 7000 BEL a year. |
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 |
| > 3,000 BEL | 15% | 8,458,000,000 BEL |
| > 4,000 BEL | 16% | 9,022,000,000 BEL |
| > 5,000 BEL | 18% | 10,149,000,000 BEL |
| > 6,000 BEL | 19% | 10,713,000,000 BEL |
| > 7,000 BEL | 21% | 11,841,000,000 BEL |
| > 8,000 BEL | 23% | 179,798,000,000 BEL | Total | 229,981,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 14:34:12, March 30, 2006 CET | From | People's Populist Party - Zogist Mafia | To | Debating the Income tax proposal of May 2207 |
| Message | I oppose all income tax, but removing taxes on the poor is a good start |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 62 | ||||
| no | Total Seats: 7 | ||||
| abstain |
Total Seats: 31 |
| 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: "In an underdeveloped country, don't drink the water; in a developed country, don't breathe the air." - Changing Times magazine |