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Bill: Income tax proposal of April 4907
Details
Submitted by[?]: The Democratic Conservative Party
Status[?]: defeated
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: December 4908
Description[?]:
| The Secratary of State for Finance, Henry Fitzroy MRP, propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Rutania (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 |
| > 250 RUT | 6% | 854,000,000 RUT |
| > 500 RUT | 8% | 2,277,000,000 RUT |
| > 1,000 RUT | 12% | 6,832,000,000 RUT |
| > 2,000 RUT | 13% | 6,985,000,000 RUT |
| > 3,000 RUT | 13% | 5,696,000,000 RUT |
| > 4,000 RUT | 14% | 4,568,000,000 RUT |
| > 5,000 RUT | 15% | 3,251,000,000 RUT |
| > 6,000 RUT | 16% | 2,801,000,000 RUT |
| > 7,000 RUT | 17% | 2,147,000,000 RUT |
| > 8,000 RUT | 18% | 1,484,000,000 RUT |
| > 9,000 RUT | 19% | 1,243,000,000 RUT |
| > 10,000 RUT | 21% | 1,643,000,000 RUT |
| > 12,000 RUT | 23% | 1,574,000,000 RUT |
| > 15,000 RUT | 25% | 712,000,000 RUT | Total | 42,067,000,000 RUT |
Debate
These messages have been posted to debate on this bill:
| Date | 15:01:00, March 16, 2021 CET | From |  New Beginnings | To | Debating the Income tax proposal of April 4907 |
| Message | New Beginnings cannot see the need for this. Why raise taxes even more? |
| Date | 21:50:44, March 16, 2021 CET | From | Rutanian Communist Party | To | Debating the Income tax proposal of April 4907 |
| Message | Mr Speaker, We are in accordance with the "New Beginnings" Party, we do not see why we have to raise taxes. |
| Date | 23:45:19, March 16, 2021 CET | From | Democracy Freedom Party | To | Debating the Income tax proposal of April 4907 |
| Message | disagree |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 77 | ||||
| no |
Total Seats: 523 | ||||
| abstain | Total Seats: 0 |
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