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Bill: Income tax proposal of December 3438
Details
Submitted by[?]: Democratic Party
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: August 3439
Description[?]:
The The Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 33
Proposed: 10
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 |
> 1,500 RUT | 15% | 4,280,000,000 RUT |
> 2,000 RUT | 24% | 31,317,000,000 RUT |
> 5,000 RUT | 34% | 13,354,000,000 RUT |
> 7,000 RUT | 35% | 14,772,000,000 RUT |
> 15,000 RUT | 40% | 1,142,000,000 RUT | Total | 64,865,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes |
Total Seats: 61 | |||||
no |
Total Seats: 498 | |||||
abstain | Total Seats: 40 |
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