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Bill: Tax Reform Act of 2437 - Equality in Taxation and Subsidation
Details
Submitted by[?]: Chattes en Chaleur
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 2438
Description[?]:
| This bill lowers the ever increasing tax burden of hard working middle class Sekowons and shifts the growing burden onto private enterprise. The increased disposable income will invigorate our economy and strengthen the demand for domestic products and services. While Chattes en Chaleur does believe in protecting our most vital national industries, we have seen too much abuse under the current system. Why should Joe taxpayer be forced to subsidize a non-vital business that is facing bankruptcy due to bad planning, bad product, or bad implementation? Voting yes on this bill is a vote to improve the lives of working families. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 8
Current: 50
Proposed: 12
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government subsidizes private enterprises that face bankruptcy.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 19
Proposed: 20
Debate
These messages have been posted to debate on this bill:
| Date | 18:43:25, July 31, 2007 CET | From |  Sekowan Communist Party | To | Debating the Tax Reform Act of 2437 - Equality in Taxation and Subsidation |
| Message | If the tax on corporations was raised substantially, the SCP would support this bill. |
| Date | 23:54:43, July 31, 2007 CET | From | Superhuman Creation Party | To | Debating the Tax Reform Act of 2437 - Equality in Taxation and Subsidation |
| Message | No, we need to keep oppressing the people as much as possible. This way, when the radioactive spiders bite them, they will be aggressive and more effective killing machines. |
| Date | 00:51:14, August 01, 2007 CET | From | 帝国公明党 (Teikoku Kōmeitō) | To | Debating the Tax Reform Act of 2437 - Equality in Taxation and Subsidation |
| Message | The DSP is in partial agreement with the SCP, if the tax on large corporations were raised to at least 20, than the DSP would support this bill. |
| Date | 03:37:21, August 01, 2007 CET | From | Sekowan Communist Party | To | Debating the Tax Reform Act of 2437 - Equality in Taxation and Subsidation |
| Message | The SCP would support a tax of 30% on corporations. |
| Date | 03:44:40, August 01, 2007 CET | From |  Imperial Pluralism Party | To | Debating the Tax Reform Act of 2437 - Equality in Taxation and Subsidation |
| Message | We agree that the corporate taxes should be higher, but that can be done another day. |
| Date | 08:32:15, August 01, 2007 CET | From | Chattes en Chaleur | To | Debating the Tax Reform Act of 2437 - Equality in Taxation and Subsidation |
| Message | CeC thanks you for support and on the issue of corporate taxation we would like to point out that while the government has the cash on hand and budget to allow for such a decrease in sales tax, many of these corporations could not absorb such a drastic tax hike so quickly. CeC supports a final tax rate in the 30% range but reiterates its belief in a graduated increase overtime. |
| Date | 12:07:59, August 01, 2007 CET | From | Chattes en Chaleur | To | Debating the Tax Reform Act of 2437 - Equality in Taxation and Subsidation |
| Message | I urge you all to vote yes as it seems that there is a majority agreement to again increase corporate taxes in the future. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 121 | |||||
| no | Total Seats: 4 | |||||
| abstain | Total Seats: 0 |
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