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Bill: Corporation Tax (Revised Proposal)
Details
Submitted by[?]: Progressive Liberals
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: November 2434
Description[?]:
Current rate of Corporation tax: 27pc Proposed rate: 20pc Aimed at: -Helping us encourage FDI -Retaining existing industries -Freeing up funds for Research and Development -Allowing business' growth, and therefore increasing employment. I believe the proposed rate offers a fair compromise and I have no doubt it will have a positive impact on the nation's economy and the lives of it's citizens. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 27
Current: 30
Proposed: 20
Debate
These messages have been posted to debate on this bill:
Date | 22:06:18, July 25, 2007 CET | From | Progressive Liberals | To | Debating the Corporation Tax (Revised Proposal) |
Message | Ah, what do you know, the Bolscevic Party has voted against positive change. Look at the international rates of corporation tax. We have lost our edge when it comes to attracting foreign investment. Why would any company want to come here when over a quarter of what they make goes straight into funding the Bolscevic Party's leftist viewpoint. I encourage other sane minded parties to vote for progress and to help us regain competitiveness in the global economy. Regards, Mark |
Date | 10:04:17, July 26, 2007 CET | From | Liberty Party | To | Debating the Corporation Tax (Revised Proposal) |
Message | I completely agree. This is not nearly a large enough cut, but it's a good start. With more cuts planned, we will have our edge back soon. |
Date | 20:44:02, July 26, 2007 CET | From | Progressive Liberals | To | Debating the Corporation Tax (Revised Proposal) |
Message | Thank you to the parties who have voted for this proposal, I'm sure our nation will benefit from it. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 240 | |||||
no | Total Seats: 161 | |||||
abstain | Total Seats: 0 |
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