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Bill: Encouraging entrepreneurs.
Details
Submitted by[?]: Adam Smith Party
Status[?]: passed
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: March 2087
Description[?]:
| While the tax rate on corporate profits is the same as that on investment income, there is no incentive for the wealth of Lodamun to be put to use in generating employment and improvements in the standard of living of the average citizen. Thus we propose to reduce this taxation a few percent to encourage industrial and corporate investment in Lodamun rather than in offshore tax havens. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 30
Proposed: 15
Debate
These messages have been posted to debate on this bill:
| Date | 04:26:32, July 26, 2005 CET | From | CNT/AFL | To | Debating the Encouraging entrepreneurs. |
| Message | Where does it say that the tax on corporate profits is the same as that on investment income? |
| Date | 04:57:08, July 26, 2005 CET | From | Adam Smith Party | To | Debating the Encouraging entrepreneurs. |
| Message | ((We only have the one tax at the moment (why this one?) which was at a default value. As other taxes are also at the default value they are the same. That is my argument anyway)) |
| Date | 05:31:03, July 26, 2005 CET | From | Cooperative Commonwealth Federation | To | Debating the Encouraging entrepreneurs. |
| Message | no objection to a small tax cut. |
| Date | 17:46:24, July 26, 2005 CET | From |  Tuesday Is Coming | To | Debating the Encouraging entrepreneurs. |
| Message | A 5% reduction seems like a good start. Does anyone know if we will be able to have a tax system like the "fair tax" (national sales tax with living expenses rebate) plan? |
| Date | 18:28:22, July 26, 2005 CET | From | Adam Smith Party | To | Debating the Encouraging entrepreneurs. |
| Message | ((No details of how the economy is to work have been forthcomming yet)) |
| Date | 17:36:47, July 27, 2005 CET | From | Adam Smith Party | To | Debating the Encouraging entrepreneurs. |
| Message | So the AFL wants to keep taxation high. Is that not contradictory? |
| Date | 18:10:50, July 27, 2005 CET | From | CNT/AFL | To | Debating the Encouraging entrepreneurs. |
| Message | We're an anarchist political party, we've always been inherently contradictory. |
| Date | 18:33:26, July 27, 2005 CET | From | Adam Smith Party | To | Debating the Encouraging entrepreneurs. |
| Message | Touché |
| Date | 16:51:44, July 28, 2005 CET | From | Adam Smith Party | To | Debating the Encouraging entrepreneurs. |
| Message | Well the voting here has been as expected. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 231 | |||
| no |
Total Seats: 179 | |||
| abstain | Total Seats: 40 |
| Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "The proletarians of the world have nothing to lose but their chains. They have a world to win. Workers of all countries: unite!" - Karl Marx |