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Bill: Income tax proposal of April 3217
Details
Submitted by[?]: Democratic Socialist 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: December 3217
Description[?]:
| The Democratic Socialist Front 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 | 15% | 6,584,000,000 RUT |
| > 4,000 RUT | 30% | 16,314,000,000 RUT |
| > 6,000 RUT | 40% | 12,069,000,000 RUT |
| > 8,000 RUT | 50% | 16,171,000,000 RUT | Total | 51,138,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 16:56:04, November 23, 2011 CET | From | Democratic Socialist Front | To | Debating the Income tax proposal of April 3217 |
| Message | Mr. Speaker, This Bill will provide Rutania with a simpler and fairer Tax system. It will lift some of the tax burden off Rutanians on low incomes and only slightly adjust the upper brackets. We suggest this is a pragmatic alteration to our revenue streams. Lester Lynch, Democratic Socialist Front Parliamentary Leader. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 350 | |||
| no |
Total Seats: 249 | |||
| abstain | Total Seats: 0 |
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