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Bill: Whittle-Edison Tax Act
Details
Submitted by[?]: National Brotherhood for Prosperity
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: April 3938
Description[?]:
| Mr Speaker, This 1% raise in income tax, if placed in combination with the tariff, will close the deficit and create a surplus. This tax raise is a compromise. We will agree to raise taxes minimally, as we have here, as long as our tariff is implemented. This will balance the budget with no spending cuts, which pleases the left, no military cuts, which pleases the right, and a very small tax raise, which pleases everyone. Peter Edison MP |
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 RUT | 5% | 16,455,000,000 RUT | Total | 16,455,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 13:20:57, November 14, 2015 CET | From | Libertarian Party | To | Debating the Whittle-Edison Tax Act |
| Message | Mr. Speaker, I would like to point out that this is the only opportunity for the People of the Commonwealth of Rutania to survive this deficit. Nicklaus Romero MP Leader LP |
| Date | 18:49:42, November 14, 2015 CET | From | Alliance | To | Debating the Whittle-Edison Tax Act |
| Message | Mr Speaker, The Alternative believes that a progressive tax rate shall be established to face the current defecit but not a across the board increase for that will hit the poor the hardest. Chairperson of the Alternative Terence O'Reilly |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 124 | |||
| no | Total Seats: 79 | |||
| abstain | Total Seats: 47 |
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