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Bill: Tax Relief Act of July 4361
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: March 4362
Description[?]:
| The Whig Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania. We offer this tax plan for the Assembly-line workers, the fisherman, the farmers, the ranchers and all the other hardworking people of Rutania, under this plan which raises taxes for the wealthiest Rutanians we can achieve a balanced budget all while lowering taxes for the vast majority of Rutanians. |
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 |
| > 1,000 RUT | 2% | 1,143,000,000 RUT |
| > 2,000 RUT | 5% | 2,697,000,000 RUT |
| > 3,000 RUT | 15% | 3,484,000,000 RUT |
| > 3,500 RUT | 18% | 3,736,000,000 RUT |
| > 4,000 RUT | 22% | 3,982,000,000 RUT |
| > 4,500 RUT | 26% | 3,809,000,000 RUT |
| > 5,000 RUT | 35% | 13,758,000,000 RUT |
| > 7,000 RUT | 42% | 18,937,000,000 RUT | Total | 51,546,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 642 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 108 |
| Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "Politics is supposed to be the second oldest profession. I have come to realize that it bears a very close resemblance to the first." Ronald Reagan (1911 - 2004) |