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Bill: Income tax proposal of December 3439 (Number 2)
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: May 3441
Description[?]:
| The Urban Party of Rutania propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania. This tax proposal would require that the country reduces spending. This is also a more fair and balanced proposal that broadens the tax base as well as provide relief to the middle and working class. |
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 | 9% | 2,570,000,000 RUT |
| > 2,000 RUT | 11% | 5,928,000,000 RUT |
| > 3,000 RUT | 20% | 10,310,000,000 RUT |
| > 4,200 RUT | 26% | 6,528,000,000 RUT |
| > 5,000 RUT | 34% | 8,700,000,000 RUT |
| > 6,200 RUT | 42% | 11,065,000,000 RUT |
| > 8,000 RUT | 50% | 4,130,000,000 RUT |
| > 9,000 RUT | 57% | 3,737,000,000 RUT |
| > 10,000 RUT | 60% | 4,707,000,000 RUT |
| > 12,000 RUT | 62% | 6,025,000,000 RUT | Total | 63,700,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes | Total Seats: 65 | |||||
| no |
Total Seats: 494 | |||||
| abstain | Total Seats: 40 |
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