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Bill: The Fair Revenue Enhancement Act
Details
Submitted by[?]: Liberal Social Democratic Republicans
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: July 2522
Description[?]:
| An act to eliminate the corporate tax and replace and supplement this income by increasing the sales tax on non-essential goods. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 5
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 1
Current: 25
Proposed: 5
Debate
These messages have been posted to debate on this bill:
| Date | 14:23:26, January 25, 2008 CET | From | Liberal Social Democratic Republicans | To | Debating the The Fair Revenue Enhancement Act |
| Message | This bill eliminates the corporate tax, which is non-transparent, regressive, and discourages savings, investment, and entrepreneurship by removing incentive to profit and often double-taxing capital. This increase in the sales tax is more transparent, can omit non-essential goods, increases incentive to save, and more than replaces the revenue lost from eliminating the corporate tax. |
| Date | 20:57:17, January 25, 2008 CET | From | Democratic Rationalists (PrCoa) | To | Debating the The Fair Revenue Enhancement Act |
| Message | Persuasive argument, LSDR. Nice work. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 195 | ||||
| no |
Total Seats: 474 | ||||
| abstain |
Total Seats: 25 |
| Random fact: Google Translate can help you with those language translations: https://translate.google.com/ |
| Random quote: "Dissent is the highest form of patriotism." - Howard Zinn |