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Bill: Income tax proposal of July 4663
Details
Submitted by[?]: Dynamocratic 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 4664
Description[?]:
The Dynamocratic 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 | 20% | 50,837,000,000 RUT |
> 10,000 RUT | 40% | 5,882,000,000 RUT |
> 15,000 RUT | 50% | 1,426,000,000 RUT | Total | 58,145,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
Date | 17:51:42, November 11, 2019 CET | From | Dynamocratic Party | To | Debating the Income tax proposal of July 4663 |
Message | Mr Speaker, this revised income tax scheme simplifies our taxation system in an equitable and liberating manner. The resulting shortfall in income will be addressed by enhanced efficiencies in the Department for Education and Culture. There will be further restructuring of our public finances in time, to increase equity and efficiency for every Rutanian. Signed, Lord Rowcaster MP Chancellor of the Exchequer Secretary of State for Finance and Expenditure |
Date | 17:53:53, November 11, 2019 CET | From | Most Noble Order of Stag | To | Debating the Income tax proposal of July 4663 |
Message | We support this step to increase the income to the Treasury of Rutania., we look forward to working on further changes to the budget Signed Mrs Scarlet Hassan MP MiF BScEcon Under-Secretary of State for Finance Assistant Chancellor of the Treasury of Rutania |
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Voting
Vote | Seats | ||
yes |
Total Seats: 480 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 270 |
Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
Random quote: "If you're not turned on to politics, politics will turn on you." - Ralph Nader |