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Bill: Corporate Tax Proposal of 2421
Details
Submitted by[?]: Monarchist 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 2422
Description[?]:
| For far too long have Marxists run the economy of our great land, and we seek to rectify their previously destructive tax policies by slashing taxes on corporations. This cut will encourage new companies to form and stimulate the economy, providing more jobs and more money in the pockets of the average Al'Badaran. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 25
Proposed: 15
Debate
These messages have been posted to debate on this bill:
| Date | 06:30:29, June 30, 2007 CET | From |  Monarchist Party | To | Debating the Corporate Tax Proposal of 2421 |
| Message | This is up for debate and changing for the next 12 hours or so. |
| Date | 15:45:39, June 30, 2007 CET | From | Enlightened Cosmic Brotherhood | To | Debating the Corporate Tax Proposal of 2421 |
| Message | Or perhaps we could simply keep taxes as they are an instead create Government works programs and the like which do exactly the same thing without lining the pockets of the rich. Tax cuts stimulate Corporate businesses, yes, but this is not what Democracy Now, or the the people of Al'Badara would want. Corporations inspire greed and create a slippery slope towards capitalistic distopia. "The most effective way to restrict democracy is to transfer decision-making from the public arena to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations" |
| Date | 18:21:59, June 30, 2007 CET | From | Monarchist Party | To | Debating the Corporate Tax Proposal of 2421 |
| Message | Government works programs are incredibly wasteful and inefficient compared to the private sector; public sector costs have a tendency of spiralling out of control and allowing a few bad men working in it to line their pockets with corrupt money. The private sector is more efficient and always will be more efficient than the public sector, and they are just as accountable as we here in the Government. They are accountable to their shareholders, their customers, their employees. How can you claim to say that the people of Al'Badara do not wish to be more prosperous? Indeed, since the beginning of the economic overhaul begun by the Christian Democratic Union in 2418, we have experienced growth rates of over 20%. This is what one could call an economic miracle, as many nations in our same position of privatization have had contracted economies and momentary depressions. We have the momentum to build an economically powerful, prosperous nation, and let us not squander it with disproven Marxist ideals and Communist propaganda. |
| Date | 02:27:21, July 01, 2007 CET | From | Enlightened Cosmic Brotherhood | To | Debating the Corporate Tax Proposal of 2421 |
| Message | Wasteful and inefficent? They provide needed jobs and allow profits to stay within the governmental realm, rather then allowing indiviudals to illegitimately reap the benefits of other peoples work. Also, the idea that public sector costs line the pockets of bad man with corrupt money may be somewhat true, but this is nothing compared to the vast sums of money you would allow private indivuals to amass if this were to pass! Private sector efficency is of no matter when compared to the fundamental difference between allowing the people, in the form of the government, to control funds, instead of allowing private indivudals to do so. And to say they are accountable to anyone but their shareholders is pure capitalist propoganda. If they believed in allowing their employees equal rights they would allow their employees to profit from their own labor and have a say in matters which occur because of this. Prosperity is relative. Growth rates of 20% do not matter to average Al'Badarians. A fattening of the pockets of the elite only benefit the elite and only pathe the way towards more Plutocracy spilling into Al'Badara. I conclude with this quote from a wise man; "Personally I'm in favor of democracy, which means that the central institutions in the society have to be under popular control. Now, under capitalism we can't have democracy by definition. Capitalism is a system in which the central institutions of society are in principle under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist; that is, it has tight control at the top and strict obedience has to be established at every level -- there's a little bargaining, a little give and take, but the line of authority is perfectly straightforward. Just as I'm opposed to political fascism, I'm opposed to economic fascism. I think that until major institutions of society are under the popular control of participants and communities, it's pointless to talk about democracy" |
| Date | 04:50:31, July 01, 2007 CET | From | Monarchist Party | To | Debating the Corporate Tax Proposal of 2421 |
| Message | The public sector will always be wasteful and inefficient when compared to a private firm; The public sector is unaccountable, has no competition, and ultimately, no reason to better itself, no reason to provide better services. In a free market, companies face competition from other companies; if a company does not improve itself, a competitor will better itself and take market share away. When you say "Private sector efficency (sic) is of no matter when compared to the fundamental difference between allowing the people, in the form of the government, to control funds, instead of allowing private indivudals (sic) to do so", you are effectively saying "The people must control all the funding in Al'Badara, but the people in Al'Badara cannot control any funding." Prosperity is relative indeed, but the growth in Al'Badara has been phenomenal primarily due to the deregulation of the Badaran economy from the Coalition. A 20% growth rate has put so much money in the pockets of the average Badaran that this tax cut, as well as the other tax cuts and deregulation measures, will make everyone richer. The current Corporation tax discourages business, it discourages new business from forming, from expanding, from anything. People cannot become more prosperous if they do not have jobs, and there will be more jobs created from this tax cut. That entire quote is a massive fallacy which does not need addressing. |
| Date | 02:16:16, July 02, 2007 CET | From | People's Mujaheddin | To | Debating the Corporate Tax Proposal of 2421 |
| Message | The high level of tax and the lowered level of profit actually generates and ensures a high employment rate. There is close to no private large-scale industry in our country, which puts out a great situation for our citizens. Stop making up your own arguments as to how our citizens are unemployed as we have a bigger deal of jobs than we have citizens. |
| Date | 03:25:06, July 02, 2007 CET | From | Monarchist Party | To | Debating the Corporate Tax Proposal of 2421 |
| Message | " The high level of tax and the lowered level of profit actually generates and ensures a high employment rate. There is close to no private large-scale industry in our country, which puts out a great situation for our citizens. Stop making up your own arguments as to how our citizens are unemployed as we have a bigger deal of jobs than we have citizens." WHAT? How can you claim that low profit = more jobs? Low profit equals LESS jobs, as a corporation MUST cut costs in order to make itself profitable, and the first cost which will ALWAYS go are jobs. Our citizens ARE unemployed due to the restrictive economic situation, and the People's Mujaheddin has obviously blinded itself to this fact. The fact that there is close to no private large-scale industry in our country is the NUMBER ONE thing that is preventing Al'Badara from becoming a modern, industrialized nation. Cutting taxes will spur the creation of business, and with business, Al'Badarans will be prosperous. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 32 | |||
| no | Total Seats: 37 | |||
| abstain | Total Seats: 11 |
| Random fact: When it comes to creating a Cultural Protocol in a Culturally Open nation, players are not necessarily required to provide a plausible backstory for how the nation's cultural background developed. However, the provision of a plausible backstory may be a factor in whether Moderation approves the Cultural Protocol if players in surrounding nations question its appropriateness for their region of the game map. |
| Random quote: "In a sense we have come to our nation's capital to cash a cheque. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men, yes, black men as well as white men, would be guaranteed the unalienable rights of life, liberty, and the pursuit of happiness." - Martin Luther King Jr. |