We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Tax Relief Proposal of 4176
Details
Submitted by[?]: Whig 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 not pass any sooner than the deadline.
Voting deadline: January 4177
Description[?]:
| The Whig Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 26
Proposed: 7
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 |
| > 1,200 RUT | 2% | 2,867,000,000 RUT |
| > 4,000 RUT | 3% | 2,065,000,000 RUT |
| > 6,800 RUT | 5% | 1,402,000,000 RUT |
| > 9,600 RUT | 7% | 1,202,000,000 RUT |
| > 15,000 RUT | 7% | 199,000,000 RUT | Total | 7,735,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 18:58:52, March 06, 2017 CET | From | Civic Republican League of Rutania | To | Debating the Tax Relief Proposal of 4176 |
| Message | A massive tax cut to the wealthy while taxes on the poor and working classes remain the same. Not to mention 1,594,983,299 RUT in lost revenue. This is a massive corporate giveaway that will only increase inequality. |
| Date | 19:10:53, March 06, 2017 CET | From | Whig Party | To | Debating the Tax Relief Proposal of 4176 |
| Message | Office of the Chancellor of the Exchequer Ronnie Wells: The tax relief in this spending plan lowers taxes for 3 out of the 5 brackets, which as the saying goes will be a rising tide to all ships. Lowering Corporate Taxes will increase investment and that will improve the economy for all. These tax cuts are paid for by the current budget proposal offered by the Ministry of Finance to the Peoples Assembly. |
| Date | 19:18:24, March 06, 2017 CET | From | Civic Republican League of Rutania | To | Debating the Tax Relief Proposal of 4176 |
| Message | Senior CRP economic spokesman Roger Pence: Supply-side or "voodoo" economics are nothing more than a sham devised by the wealthy to avoid paying their fair share. Any extra capital made available is more likely to be "invested" in foreign countries where labor is cheap and easily exploitable. |
| Date | 21:26:34, March 06, 2017 CET | From | New People's Party of Rutania | To | Debating the Tax Relief Proposal of 4176 |
| Message | The wealthy need no tax cuts. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 165 | |||
| no |
Total Seats: 174 | |||
| abstain | Total Seats: 61 |
| Random fact: "Nation raiding" or a malevolent coordinated effort by a single user or group of users to interrupt the gameplay, significantly alter the culture or direction of a nation is strictly prohibited. Players interacting in nation raiding will be sanctioned. |
| Random quote: "You will win, but you will not convince. You will win, because you possess more than enough brute force, but you will not convince, because to convince means to persuade. And in order to persuade you would need what you lack, reason and right in the struggle." - Miguel de Unamuno |