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Bill: Income tax proposal of June 4114
Details
Submitted by[?]: Democratic National Union (DNU)
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 4115
Description[?]:
| The Democratic National Union (DNU) propose to adjust the government's income tax policy to better address the economic situation of the Republic 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 | 3% | 4,295,000,000 RUT |
| > 4,000 RUT | 4% | 2,873,000,000 RUT |
| > 7,000 RUT | 8% | 1,995,000,000 RUT |
| > 9,600 RUT | 11% | 1,234,000,000 RUT |
| > 12,400 RUT | 16% | 660,000,000 RUT |
| > 14,200 RUT | 22% | 821,000,000 RUT |
| > 16,200 RUT | 23% | 214,000,000 RUT | Total | 12,092,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||||
| yes | Total Seats: 252 | ||||||
| no |
Total Seats: 348 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
| Random quote: "What is conservatism? Is it not the adherence to the old and tried against the new and untried?" - Abraham Lincoln |