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Bill: Corporation Tax Review

Details

Submitted by[?]: Capitalist 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: August 2088

Description[?]:

35% is way too high a tax rate and will stifle competition and discourage businesses from operating here. Businesses will be attracted to lower tax rate countries.

Proposals

Debate

These messages have been posted to debate on this bill:

Date02:41:17, July 30, 2005 CET
From Liberty Party
ToDebating the Corporation Tax Review
MessageThe Liberty Party is in full agreement with this proposal. A tax rate of 35% is indeed too high and has the potential to discourage business.

Moreover, it is good economic sense - lots of businesses paying a low rate of tax will raise at least much revenue for the exchequer than a few businesses paying a high rate while at the same time increasing employment.

The Liberty Party strongly recommends a YES vote on this proposal.

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Voting

Vote Seats
yes
   

Total Seats: 316

no
 

Total Seats: 12

abstain
  

Total Seats: 199


Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English.

Random quote: "They should rule who are able to rule best." - Aristotle

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