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Bill: Economic Growth and Tax Relief Act of 3156
Details
Submitted by[?]: Urban Party of Rutania
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: February 3157
Description[?]:
A plan to lower income and corporation taxes rate in order to spur economic growth. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 26
Proposed: 0
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 |
> 2,000 RUT | 10% | 9,772,000,000 RUT |
> 4,000 RUT | 25% | 13,598,000,000 RUT |
> 6,000 RUT | 38% | 11,470,000,000 RUT |
> 8,000 RUT | 45% | 14,564,000,000 RUT | Total | 49,404,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 255 | ||||
no |
Total Seats: 344 | ||||
abstain | Total Seats: 0 |
Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
Random quote: "Communism, like any other revealed religion, is largely made up of prophecies." - H. L. Mencken |