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Bill: Income tax proposal of October 3993
Details
Submitted by[?]: Libertarian Party
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: August 3994
Description[?]:
The Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania. A tax cut by 1%, in the first bracket, to lower our surplus, but no making it into a deficit. Rodney Davis, Minister of Finance |
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 |
> 1,000 RUT | 5% | 2,849,000,000 RUT |
> 2,000 RUT | 9% | 19,301,000,000 RUT | Total | 22,150,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes |
Total Seats: 341 | |||||
no | Total Seats: 0 | |||||
abstain |
Total Seats: 159 |
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