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Bill: Income tax proposal of June 4070
Details
Submitted by[?]: Libertarian Party
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: February 4071
Description[?]:
The Democratic People's Party of Rutania propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth 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 |
> 1,200 RUT | 6% | 8,619,000,000 RUT |
> 4,000 RUT | 8% | 5,518,000,000 RUT |
> 6,800 RUT | 10% | 2,811,000,000 RUT |
> 9,600 RUT | 15% | 1,688,000,000 RUT |
> 12,400 RUT | 20% | 827,000,000 RUT |
> 14,200 RUT | 30% | 1,403,000,000 RUT | Total | 20,866,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
Date | 17:30:58, August 06, 2016 CET | From | Libertarian Party | To | Debating the Income tax proposal of June 4070 |
Message | This bill would slightly increase taxes for the rich so as to reduce the deficit being created due to increased spending |
Date | 17:37:59, August 06, 2016 CET | From | Libertarian Party | To | Debating the Income tax proposal of June 4070 |
Message | This bill would generate additional tax revenue for the nation |
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Voting
Vote | Seats | ||||
yes | Total Seats: 194 | ||||
no |
Total Seats: 196 | ||||
abstain | Total Seats: 110 |
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