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Bill: Income tax proposal of February 4470
Details
Submitted by[?]: Hosian Democratic party of Rutania
Status[?]: defeated
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: October 4470
Description[?]:
| The Hosian Democratic party 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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 26
Proposed: 23
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 | 10% | 11,092,000,000 RUT |
| > 3,000 RUT | 23% | 22,614,000,000 RUT |
| > 6,000 RUT | 30% | 11,537,000,000 RUT |
| > 9,000 RUT | 38% | 9,164,000,000 RUT | Total | 54,407,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 17:47:25, October 15, 2018 CET | From | Hosian Democratic party of Rutania | To | Debating the Income tax proposal of February 4470 |
| Message | Imcome tax proposal:30% of rutanians earn more than 6k. It's the reason of the proposal of adding a new bracket for the richs that earn more than 9k RUT a month. We also need to decrease the tax for corporations. Rutanian economy need companies to grow, and Rutania should also attract foreign companies to Rutania. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 358 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 392 |
| 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: "In public policy, it matters less who has the best arguments and more who gets heard, and by whom." - Ralph Reed |