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Bill: Budget 4020 - Revenue Section
Details
Status[?]: passed
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: December 4019
Description[?]:
| The Reform! Rutania (R!R) propose to adjust the government's tax policy to better address the economic situation of the Commonwealth of Rutania. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 35
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 |
| > 1,000 RUT | 5% | 9,368,000,000 RUT |
| > 5,000 RUT | 12% | 7,212,000,000 RUT |
| > 9,000 RUT | 22% | 3,668,000,000 RUT |
| > 13,000 RUT | 37% | 2,558,000,000 RUT |
| > 17,000 RUT | 52% | 260,000,000 RUT | Total | 23,066,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 11:41:05, April 27, 2016 CET | From | Libertarian Party | To | Debating the Budget 4020 - Revenue Section |
| Message | Mr. Speaker, 52%. 52%. 52% is more than half of someone's income. This is ridiculous, this is pure theft and crime. This will slow economic growth, will harm everybody, since on almost EVERYONE taxes are being raised! We think this is ridiculous and the left and Green parties are trying to ruin and burn Rutania, so that the Right has the hard task to raise Rutanian up from the ashes. Rep. Trevor Roberts, Deputy Leader LP |
| Date | 12:14:43, April 27, 2016 CET | From | Alliance | To | Debating the Budget 4020 - Revenue Section |
| Message | Mr Speaker, 52%, yes, 52%, but for incomes above 17000RUT. This is a huge tax cut to the middle class, who are having their bare income taxed at 9%. Now, the income between 2000RUT and 5000RUT, crucial for the livelihoods of people. The Left does not want to overtax and Rob money out of the people, but to tax more fairly and give to the masses, so the whole nation can prosper, not just a privileged few. Francis Hindenburg Leader, R!R |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 263 | ||||
| no |
Total Seats: 216 | ||||
| abstain | Total Seats: 21 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "A racially integrated community is a chronological term timed from the entrance of the first black family to the exit of the last white family." - Saul Alinsky |