We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of August 5305
Details
Submitted by[?]: Labor 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 5306
Description[?]:
| The Labor Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Beluzia (Beluzia). Tax system reform |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 22
Current: 15
Proposed: 27
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 |
| > 15,000 BEL | 5% | 8,114,000,000 BEL |
| > 20,000 BEL | 7% | 7,200,000,000 BEL |
| > 25,000 BEL | 10% | 6,129,000,000 BEL |
| > 30,000 BEL | 15% | 14,145,000,000 BEL |
| > 50,000 BEL | 17% | 1,912,000,000 BEL |
| > 60,000 BEL | 20% | 120,000,000 BEL | Total | 37,620,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 219 | |||
| no |
Total Seats: 531 | |||
| abstain | Total Seats: 0 |
| Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
| Random quote: "Unlike the world of free-markets, in political government when some individuals win, other individuals lose." - Robert Klassen |