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Bill: Income tax proposal of August 2527
Details
Submitted by[?]: The Organization for Economic Freedom
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 2528
Description[?]:
| The The Organization for Economic Freedom propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania. |
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 |
| > 1,500 RUT | 1% | 1,443,000,000 RUT |
| > 4,500 RUT | 6% | 3,989,000,000 RUT |
| > 8,000 RUT | 7% | 2,264,000,000 RUT | Total | 7,696,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 20:17:40, February 06, 2008 CET | From | New Conservatives | To | Debating the Income tax proposal of August 2527 |
| Message | We do not support these cuts. We would like to see tax cuts for the poor, increased taxes for the rich and and slight increase for the middle class. We suggest: 1%, 8% and 12% These rates are still very very good, and would allow us to invest more in the economy and in society, to encourage long-term growth and prosperity. |
| Date | 02:01:12, February 07, 2008 CET | From | The Organization for Economic Freedom | To | Debating the Income tax proposal of August 2527 |
| Message | I could live with 1%, 6%, 8%... |
| Date | 02:02:26, February 07, 2008 CET | From | The Organization for Economic Freedom | To | Debating the Income tax proposal of August 2527 |
| Message | I'm just trying to trim down the budget...as I said in the debate over the Spending Bill Companion to this bill, some parts of the budget are disproportionately large, and the money ought to be given back to the citizenry. |
| Date | 21:13:52, February 07, 2008 CET | From | New Conservatives | To | Debating the Income tax proposal of August 2527 |
| Message | I'm worried that our Government will be unable to adequately fund everything. 7% is EXTREMELY low. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 40 | |||
| no |
Total Seats: 183 | |||
| abstain |
Total Seats: 310 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "You cannot help men permanently by doing for them what they could and should do for themselves." - Abraham Lincoln |