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Bill: Income tax proposal of January 4365
Details
Submitted by[?]: Social Democratic 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: September 4365
Description[?]:
| The Social Democratic Party 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 |
| > 1,000 RUT | 2% | 1,141,000,000 RUT |
| > 2,000 RUT | 5% | 2,691,000,000 RUT |
| > 3,000 RUT | 15% | 3,477,000,000 RUT |
| > 3,500 RUT | 18% | 3,729,000,000 RUT |
| > 4,000 RUT | 22% | 3,974,000,000 RUT |
| > 4,500 RUT | 26% | 3,802,000,000 RUT |
| > 5,000 RUT | 35% | 13,738,000,000 RUT |
| > 7,000 RUT | 42% | 11,539,000,000 RUT |
| > 10,000 RUT | 48% | 8,430,000,000 RUT | Total | 52,521,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 05:35:08, March 19, 2018 CET | From | Social Democratic Party | To | Debating the Income tax proposal of January 4365 |
| Message | Adding new tax bracket for >10,000 RUT. No changes to other brackets |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 405 | ||||
| no |
Total Seats: 123 | ||||
| abstain |
Total Seats: 222 |
| Random fact: Zardugal is a nation based on the old Byzantine Empire, with a modern twist and the Esperanto language. Zardugal is located on the continent of Majatra. |
| Random quote: "When I was a boy I was told that anybody could become President; I'm beginning to believe it." - Clarence Darrow |