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Bill: Taxation Act 2408
Details
Submitted by[?]: RSDP - Democratic Front
Status[?]: passed
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: February 2409
Description[?]:
| The RSDP - Democratic Front propose to adjust the government's taxation policy to better address the economic situation of the Commonwealth of Rutania. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 17
Current: 26
Proposed: 10
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 7
Current: 33
Proposed: 5
Article 3
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 |
| > 2,000 RUT | 15% | 19,569,000,000 RUT |
| > 5,000 RUT | 20% | 13,346,000,000 RUT |
| > 10,000 RUT | 25% | 3,677,000,000 RUT |
| > 15,000 RUT | 35% | 998,000,000 RUT | Total | 37,590,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 13:12:27, May 23, 2007 CET | From |  RSDP - Democratic Front | To | Debating the Taxation Act 2408 |
| Message | I resubmitted this bill because it now has a chance of passing. |
| Date | 21:42:18, May 23, 2007 CET | From | Latter-Day Saints Party | To | Debating the Taxation Act 2408 |
| Message | This bill will cause a massive budget deficit that will absolutely damage the economy. |
| Date | 00:27:26, May 25, 2007 CET | From | Progress Party | To | Debating the Taxation Act 2408 |
| Message | We find it odd that the socialists are proposing tax cuts, and the conservatives opposing them. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 303 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 154 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "He who is unable to live in society, or who has no need because he is sufficient for himself, must be either a beast or a god." - Aristotle |