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Bill: Tax Relief Act of 4276
Details
Submitted by[?]: Whig Party
Status[?]: passed
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 4278
Description[?]:
| The Grand 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:: 15
Current: 26
Proposed: 12
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 |
| > 1,000 RUT | 5% | 5,547,000,000 RUT |
| > 3,000 RUT | 20% | 15,325,000,000 RUT |
| > 5,000 RUT | 25% | 12,985,000,000 RUT |
| > 8,000 RUT | 35% | 5,189,000,000 RUT |
| > 10,000 RUT | 45% | 7,907,000,000 RUT | Total | 46,953,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 22:10:48, September 23, 2017 CET | From | Whig Party | To | Debating the Tax Relief Act of 4276 |
| Message | Mr. Speaker, We would like to open the floor to debate, we intend to see these tax cuts passed along with the budget from the Finance Ministry |
| Date | 17:48:44, September 24, 2017 CET | From | Libertarian Party | To | Debating the Tax Relief Act of 4276 |
| Message | Mr.Speaker, A Smaller and less intrusive government is what Rutanians need currently and me and my party support this tax plan. Scott Anderson, Libertarian Party Leader |
| Date | 18:53:01, September 26, 2017 CET | From | Whig Party | To | Debating the Tax Relief Act of 4276 |
| Message | ooc: why is this bill still in the voting phase |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 404 | |||||
| no |
Total Seats: 346 | |||||
| abstain | Total Seats: 0 |
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| Random quote: "Victory attained by violence is tantamount to a defeat, for it is momentary." - Mahatma Gandhi |