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Bill: RPB Tax Reform
Details
Submitted by[?]: Social Democratic Republican 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 not pass any sooner than the deadline.
Voting deadline: April 5134
Description[?]:
| We propose to: * Simplify the tax system, by reducing the number of brackets. * Reduce the tax burden on our citizens, especially the middle classes. Under our reformed system, every single Beluzian would see their income tax decrease. * Reduce the extremely high tax currently burdening Beluzian corporations. There is a very large surplus currently so we propose to return some of this money to the Beluzian people and corporations. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 45
Current: 15
Proposed: 30
Article 2
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 |
| > 12,000 BEL | 4% | 9,695,000,000 BEL |
| > 18,000 BEL | 10% | 14,172,000,000 BEL |
| > 24,000 BEL | 18% | 14,172,000,000 BEL |
| > 30,000 BEL | 26% | 12,313,000,000 BEL |
| > 36,000 BEL | 34% | 8,238,000,000 BEL |
| > 42,000 BEL | 40% | 13,799,000,000 BEL | Total | 72,389,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 23:22:33, June 12, 2022 CET | From | New Vanguard Party of Beluzia (NVPB) | To | Debating the RPB Tax Reform |
| Message | Income Taxes should be Higher Especially for the Rich, and Corporations should not Exist at all! |
| Date | 23:23:00, June 12, 2022 CET | From | New Vanguard Party of Beluzia (NVPB) | To | Debating the RPB Tax Reform |
| Message | There should be A Centrally planned economy. |
| Date | 23:23:18, June 12, 2022 CET | From | New Vanguard Party of Beluzia (NVPB) | To | Debating the RPB Tax Reform |
| Message | So We will oppose this STRONGLY. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 254 | |||
| no |
Total Seats: 324 | |||
| abstain | Total Seats: 172 |
| Random fact: All role-play must respect the established cultural background in Culturally Protected nations. |
| Random quote: "Nature provides a free lunch, but only if we control our appetites." - William Ruckelshaus |