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Bill: Income tax proposal of February 4223
Details
Submitted by[?]: Civic Republican League of Rutania
Status[?]: passed
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: December 4223
Description[?]:
| The Civic Republican League 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 |
| > 2,000 RUT | 5% | 2,689,000,000 RUT |
| > 3,000 RUT | 15% | 6,579,000,000 RUT |
| > 4,000 RUT | 25% | 8,165,000,000 RUT |
| > 5,000 RUT | 40% | 8,673,000,000 RUT |
| > 6,000 RUT | 50% | 8,755,000,000 RUT |
| > 7,000 RUT | 60% | 16,453,000,000 RUT |
| > 10,000 RUT | 70% | 10,275,000,000 RUT |
| > 15,000 RUT | 80% | 2,279,000,000 RUT | Total | 63,868,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 06:20:41, June 08, 2017 CET | From | Project Rutania | To | Debating the Income tax proposal of February 4223 |
| Message | Mr. Speaker, We support the return to a progressive taxation system. |
| Date | 17:11:35, June 08, 2017 CET | From | Conservative Party | To | Debating the Income tax proposal of February 4223 |
| Message | Mr Speaker, This is pure insanity. Taxing anybody who makes over 15,000 a year by 80% is ridiculous! |
| Date | 22:22:45, June 08, 2017 CET | From | Civic Republican League of Rutania | To | Debating the Income tax proposal of February 4223 |
| Message | Any income above 15000 is taxed at 80%, the government doesn't keep 80% of all income. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 376 | |||
| no | Total Seats: 165 | |||
| abstain |
Total Seats: 183 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." - Thomas Jefferson |