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Bill: Income tax proposal of February 3439
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 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
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 | 18% | 10,130,000,000 RUT |
| > 2,500 RUT | 20% | 5,192,000,000 RUT |
| > 3,000 RUT | 24% | 10,520,000,000 RUT |
| > 4,000 RUT | 28% | 9,139,000,000 RUT |
| > 5,000 RUT | 34% | 7,373,000,000 RUT |
| > 6,000 RUT | 38% | 6,656,000,000 RUT |
| > 7,000 RUT | 40% | 17,984,000,000 RUT | Total | 66,994,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 99 | ||||
| no |
Total Seats: 460 | ||||
| abstain | Total Seats: 40 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "They can call us communists and fascists all they want but, their words are of a hollow ring with the blood of innocence at their feet." - Mathew Jameson, former Hutorian politician |