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Bill: Industry Tax Reduction Act
Details
Submitted by[?]: Mouvement des Conservateurs
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 2096
Description[?]:
| Industry taxes in our country are ridiculously high and it slows down the development of our national product, corporations and production facilities, plus it prevents companies from highering more employees just because they cannot afford them anymore. Something has to be done. KP proposes a industry tax rate of 35% but this proposal is open for suggestions |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 100
Current: 16
Proposed: 35
Debate
These messages have been posted to debate on this bill:
| Date | 13:03:28, August 13, 2005 CET | From |  CCP | To | Debating the Industry Tax Reduction Act |
| Message | We support the current proposal. |
| Date | 23:27:16, August 13, 2005 CET | From | Beach Party | To | Debating the Industry Tax Reduction Act |
| Message | And where pray tell are you going to make up the shortfall in taxes? Tax breaks for hiring more people would surely be better. |
| Date | 01:22:41, August 14, 2005 CET | From | Mouvement des Conservateurs | To | Debating the Industry Tax Reduction Act |
| Message | BP: this tax rate was ridiculous, charging industries for their full profit cannot be done. A more simple question can be asked: How would they be able to pay or even hire more workers with such a high tax rate? By the way, 35% is still way above the international avarage. |
| Date | 18:36:08, August 14, 2005 CET | From | CCP | To | Debating the Industry Tax Reduction Act |
| Message | If there are no objections, we move that the item be called directly to vote. |
| Date | 19:02:46, August 15, 2005 CET | From | Beach Party | To | Debating the Industry Tax Reduction Act |
| Message | The fact remains we are running a deficit [last I checked] and you want to cut taxes, money doesn’t grow on tree, though maybe we should look into that. How are you going to counter this? What programs will you cut? |
| Date | 19:39:09, August 15, 2005 CET | From | Beach Party | To | Debating the Industry Tax Reduction Act |
| Message | After rechecking the figures [Doah!] we agree we with you. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 66 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 9 |
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