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Bill: Fair Tax Act of 3926
Details
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 3927
Description[?]:
| The Progressives propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania and lessen the burden on low-income families. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 45
Current: 33
Proposed: 50
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 |
| > 2,000 RUT | 3% | 3,912,000,000 RUT |
| > 5,000 RUT | 6% | 3,112,000,000 RUT |
| > 8,000 RUT | 9% | 1,752,000,000 RUT |
| > 11,000 RUT | 12% | 1,545,000,000 RUT | Total | 10,321,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 19:04:57, October 23, 2015 CET | From | United Nationalists | To | Debating the Fair Tax Act of 3926 |
| Message | Mr Speaker We Will vote for this bill. John Kasser Founder of UN |
| Date | 22:53:34, October 23, 2015 CET | From | Conservative Party | To | Debating the Fair Tax Act of 3926 |
| Message | Mr Speaker We Will vote no |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 162 | ||||
| no | Total Seats: 134 | ||||
| abstain | Total Seats: 54 |
| Random fact: Role-play is most enjoyable and successful when there is good communication and friendly relations between all players involved. |
| Random quote: "I have no faith in political arithmetic." - Adam Smith |