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Bill: Income tax proposal of October 3105
Details
Submitted by[?]: Eredian Party
Status[?]: passed
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: June 3106
Description[?]:
| The Eredian Party propose to adjust the government's income tax policy to better address the economic situation of the Republic 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 |
| > 500 RUT | 5% | 712,000,000 RUT |
| > 750 RUT | 8% | 1,139,000,000 RUT |
| > 1,000 RUT | 13% | 3,701,000,000 RUT |
| > 1,500 RUT | 15% | 4,270,000,000 RUT |
| > 2,000 RUT | 18% | 5,001,000,000 RUT |
| > 2,500 RUT | 22% | 5,708,000,000 RUT |
| > 3,000 RUT | 30% | 13,144,000,000 RUT |
| > 4,000 RUT | 35% | 19,004,000,000 RUT |
| > 6,000 RUT | 40% | 7,002,000,000 RUT |
| > 7,000 RUT | 45% | 5,684,000,000 RUT |
| > 8,000 RUT | 50% | 4,121,000,000 RUT |
| > 9,000 RUT | 55% | 3,599,000,000 RUT |
| > 10,000 RUT | 60% | 4,695,000,000 RUT |
| > 12,000 RUT | 65% | 4,449,000,000 RUT |
| > 15,000 RUT | 75% | 2,136,000,000 RUT | Total | 84,365,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 19:47:07, April 14, 2011 CET | From |  National Front | To | Debating the Income tax proposal of October 3105 |
| Message | The NF congratulates the Eredian Party on a well thought-out income tax system but further suggests that the bottom two tax brackets be exempt from income taxation entirely to alleviate poverty. Lord Huddersfield, National Front Chairman |
| Date | 19:55:50, April 14, 2011 CET | From | Eredian Party | To | Debating the Income tax proposal of October 3105 |
| Message | The EP wished to alleviate the tax burden on the lower tax brackets, but it would have required more painful cuts in the upcoming budget. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 399 | ||
| no | Total Seats: 276 | ||
| abstain | Total Seats: 0 |
| Random fact: Large scale RP planning (such as wars, regional/continental conflicts, economic collapse, etc.) should be planned (as best as it can be) and should have consent of a majority of players involved. |
| Random quote: "An idealist is one who, on noticing that roses smell better than a cabbage, concludes that it will also make better soup." - H. L. Mencken |