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Bill: Prosperity Act
Details
Submitted by[?]: Liberal Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: October 2376
Description[?]:
| A bill to increase economic growth. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 12
Current: 12
Proposed: 0
Debate
These messages have been posted to debate on this bill:
| Date | 22:56:31, March 18, 2007 CET | From |   Liberal Party | To | Debating the Prosperity Act |
| Message | Again, we shall let the governing parties decide how to alter the budget to accommodate these cuts. |
| Date | 23:04:50, March 18, 2007 CET | From | We Say So! Party | To | Debating the Prosperity Act |
| Message | And we again point out that these cuts should not be being made in the first place unless there is a clear requirement for these cuts, which have not been proven to be necessary. |
| Date | 23:11:12, March 18, 2007 CET | From | Liberal Party | To | Debating the Prosperity Act |
| Message | They are necessary, they put a stranglehold on business and increase the living costs of everyone. |
| Date | 14:55:19, March 19, 2007 CET | From | We Say So! Party | To | Debating the Prosperity Act |
| Message | They in no way increase living costs of anyone, nor do they place a stranglehold on business. Should they be set at 50%+ they would be a stranglehold but the current law is no different to business than is income tax on our citizens (and is actually much lower). |
| Date | 23:44:10, March 19, 2007 CET | From | Liberal Party | To | Debating the Prosperity Act |
| Message | "They in no way increase living costs of anyone" You see, businesses have this thing called revenue, and then they have this thing called expenses. What happens when you tax them is it increases expenses, and thus less revenue. In order to compensate the business passes this on to the consumer. This leaves the average consumer with less money than they would have. A little economic reality for your party. "Should they be set at 50%+ they would be a stranglehold but the current law is no different to business than is income tax on our citizens (and is actually much lower)." This logic only works if we accept the notion that the current income tax levels are not a stranglehold as well. We are of the opinion that they are. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 178 | |||
| no |
Total Seats: 222 | |||
| abstain | Total Seats: 0 |
| Random fact: You can view helpful ideological statistics about the regions in your nation on the region pages. You can also view detailed political opinions and the importance of them there as well. |
| Random quote: "It is difficult to get a man to understand something when his salary depends on his not understanding it." - Upton Sinclair |