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Bill: Income tax proposal of January 5018
Details
Submitted by[?]: The Federal Whig 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: October 5018
Description[?]:
The Federalist Party of Beluzia propose to adjust the government's income tax policy to better address the economic situation of the Republic of Beluzia (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 | 5% | 11,931,000,000 BEL |
> 15,000 BEL | 10% | 16,211,000,000 BEL |
> 20,000 BEL | 15% | 15,410,000,000 BEL |
> 25,000 BEL | 20% | 12,242,000,000 BEL |
> 30,000 BEL | 45% | 36,628,000,000 BEL |
> 45,000 BEL | 50% | 12,334,000,000 BEL | Total | 104,756,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 13:40:13, October 24, 2021 CET | From | The Federal Whig Party | To | Debating the Income tax proposal of January 5018 |
Message | This tax proposal will help keep money in the pockets of Beluzians and stop politicians from taking the hard-earned money that they have. |
Date | 14:11:59, October 24, 2021 CET | From | Traditionalist Party of Beluzia | To | Debating the Income tax proposal of January 5018 |
Message | I ansolutely agree with this proposal. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 369 | |||
no | Total Seats: 219 | |||
abstain | Total Seats: 162 |
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