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Bill: Corporate Taxation
Details
Submitted by[?]: Liberal Patriots' League
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 2509
Description[?]:
Capital and labour should be taxed at equal marginal rates. To tax capital income at a lower rate indirectly subsidises capital, rather than allowing the market to determine the correct levels of capital and labour used in production. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 1
Proposed: 20
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||||
yes |
Total Seats: 401 | ||||||
no | Total Seats: 290 | ||||||
abstain |
Total Seats: 59 |
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