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Bill: Income tax proposal of December 4313
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: August 4314
Description[?]:
| The Whig Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania. This tax bill proposes lowering minimum taxable income to 3,500 Rutas annually. The Whig Party has historically stood against raising income taxes and that is why the tax exemption for all those currently earning less than 4000 exist, but the events of 4311 have left us in a different world. If we are to keep this nation safe then we must provide for our security while at the same time we must be fiscally responsible. We have run a deficit of a little over 8 billion Ruta's a year since 4311, this cannot continue. Prime Minister Winston Vernon |
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 |
| > 3,500 RUT | 35% | 48,231,000,000 RUT | Total | 48,231,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 465 | |||||
| no | Total Seats: 91 | |||||
| abstain | Total Seats: 194 |
| Random fact: In your Message Centre there is a really useful feature which allows you to subscribe to all of the bill debates in your nation. If you use that, then the "Watched Discussions" section will show you every time a new message has been posted on a bill. You can also subscribe to other pages you want to follow, such as your nation message-board, party organisations or bills outside your nation which you are interested in. |
| Random quote: "Changing the way we measure things is vital. So is decompartmentalising society making sure that economics and politics are not divorced from other crucial areas of life." - David Attenborough |