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Bill: The Tax Base Elimination for the Poorest Citizens Act
Details
Submitted by[?]: Capitalist Working Families
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: September 3554
Description[?]:
| Dear Distinguished Members of the Parliament: First and foremost, please *note* that the Capitalist Working Families Party received the *largest* gain of seats than *any* other party in this body at an unbelievable *56* seats, or *9.22%*. Therefore, this means that our Party's message of tax cuts and lower spending to encourage private-sector investment spending is resonating with the People of Rutania: cf. http://classic.particracy.net/viewnews.php?after=18600&before=18612&nation=6 Thus, we are simply proposing an even more *aggressive* income tax cut for the *poorest* citizens of Rutania by completely *eliminating* the Bottom Bracket for all incomes above 1,500 RUT but less than 3,000 RUT in order to further job growth and investment. As a direct result of the recent budget proposal, we have amassed a *budget surplus* of nearly 4.6 Billion RUT so we can afford this further aggressive elimination of the Bottom Bracket. ----Joint Parliamentary Conference by Brian A. Mayfield (Minister of Health and Social Sciences of the Capitalist Working Families Party) & David Yost (Minister of Finance of the Minarchist League 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 | 9% | 3,948,000,000 RUT |
| > 4,000 RUT | 15% | 17,529,000,000 RUT | Total | 21,477,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 00:31:53, October 01, 2013 CET | From | Capitalist Working Families | To | Debating the The Tax Base Elimination for the Poorest Citizens Act |
| Message | Dear UPR, May we ask what are your specific objections to this bill that will eliminate the Bottom Bracket thus saving the *poorest* taxpayers money??? ---The CWFP |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 236 | |||
| no |
Total Seats: 229 | |||
| abstain | Total Seats: 0 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living." - Nicholas Chamfort |