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Bill: Income tax proposal of November 2598
Details
Submitted by[?]: Rutanian Democratic Forum
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: July 2599
Description[?]:
| The Rutanian Republican Democratic Forum 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 |
| > 3,000 RUT | 10% | 4,387,000,000 RUT |
| > 4,000 RUT | 15% | 8,154,000,000 RUT |
| > 6,000 RUT | 20% | 7,684,000,000 RUT |
| > 9,000 RUT | 25% | 6,027,000,000 RUT | Total | 26,252,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 04:02:59, June 29, 2008 CET | From | Labour Party | To | Debating the Income tax proposal of November 2598 |
| Message | Now all we need is the NPP to vote yes! |
| Date | 23:01:41, June 29, 2008 CET | From | Rutanian Democratic Forum | To | Debating the Income tax proposal of November 2598 |
| Message | Yes, we hope so that NPP will come on time here :) In RRDF, we are fully aware of possible increase of inflation, because of tax rate increase, but we already prepared a set of anti-inflationary measures which will stimulate economic growth and effectively prevent any major inflation. We will present those measures after the passage of this income tax bill. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 277 | |||
| no | Total Seats: 247 | |||
| abstain | Total Seats: 75 |
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