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Bill: Tax Alterations Bill
Details
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: June 2392
Description[?]:
| We propose slashing corporation tax in order to encourage foreign companies to locate to Lodamun. However this means we expect to increase the luxury sales tax, and tax on basic goods. Currently the three taxes are set at tageringly incompetent levels, and we feel that this must be changed. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 70
Current: 30
Proposed: 30
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 5
Proposed: 2
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 25
Proposed: 10
Debate
These messages have been posted to debate on this bill:
| Date | 11:49:06, April 18, 2007 CET | From | Democrats | To | Debating the Tax Alterations Bill |
| Message | We envisage this raising around 12 Billion Lods, up from the current 9 Billion Lods raised in this manner. |
| Date | 00:11:19, April 19, 2007 CET | From | Independent Republican Party | To | Debating the Tax Alterations Bill |
| Message | We fully support this measure. A 70 percent tax is much too high, and lowering the tax rate will encourage more business to come to Lodamun. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 325 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 0 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "It is never too late to give up our prejudices." - Henry David Thoreau |