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Bill: Income tax proposal of January 4072
Details
Submitted by[?]: Former Nationmaster of Rutania
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: September 4072
Description[?]:
| The Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania.What we have done is increased taxes by 2% for each bracket except for the lowest two for which we have increased 1% each.We believe these changes should be made so we can grow our economy and become an economic super power once more. I believe that we should not increase spending immediately if this bill passes. I think we should wait, build up our reserves for a while. And then we can increase public spending improve lives, and then lower taxes. Thank You. Amy Coverly Conservative Party Candidate for Finance Deputy Leader of the Conservative Party |
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 | 7% | 10,031,000,000 RUT |
| > 4,000 RUT | 9% | 6,194,000,000 RUT |
| > 6,800 RUT | 12% | 3,367,000,000 RUT |
| > 9,600 RUT | 17% | 1,909,000,000 RUT |
| > 12,400 RUT | 22% | 909,000,000 RUT |
| > 14,200 RUT | 27% | 1,261,000,000 RUT | Total | 23,671,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 09:16:34, August 10, 2016 CET | From | Libertarian Party | To | Debating the Income tax proposal of January 4072 |
| Message | Mr. Speaker, I would like to point out that we already have a surplus and that raising taxes are useless and in fact nothing more than stealing the people's money and not spending it on anything. Rep. Capt. Alard Crowley, Deputy leader LP |
| Date | 11:38:05, August 10, 2016 CET | From | Former Nationmaster of Rutania | To | Debating the Income tax proposal of January 4072 |
| Message | Me Speaker, We have a surplus but a very very small one, my plan is to increase taxes, let the surplus take effect for maybe 6 months, and then increase public spending to improve the lives of our citizens, when we have a large economy, that is powerul enough to make important foreign and internal investments and still be a strong and large economy. Amy Coverly Candidate for Finance Deputy Leader of the Conservative Party |
| Date | 12:23:27, August 10, 2016 CET | From | National Front (NF) | To | Debating the Income tax proposal of January 4072 |
| Message | A surplus will cause the rise of the inflations and of the prices of course . Recession , that's what your plan is gonna do to this country . |
| Date | 13:28:31, August 10, 2016 CET | From | Former Nationmaster of Rutania | To | Debating the Income tax proposal of January 4072 |
| Message | I have said repeatedly thensurplusnwoukd not last for long, around 6 months. We would use that to build up our reserves and then increase spending and improve lives. We have just cut the defecit and we believe we should start to grow our economy rather than leave it at what we have now. Amy Coverly Candidate for Finance Deep leader of the Conservative Party |
| Date | 17:25:47, August 10, 2016 CET | From | National Front (NF) | To | Debating the Income tax proposal of January 4072 |
| Message | You grow the economy by lowering the taxes for those who have the capacity of runing and evolving businesses. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 243 | ||||
| no |
Total Seats: 201 | ||||
| abstain | Total Seats: 56 |
| Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
| Random quote: "Everything that is really great and inspiring is created by the individual who can labor in freedom." - Albert Einstein |