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Bill: Y.H.R. 0026 Economic Reform Bill I
Details
Submitted by[?]: Yellow Party
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: August 2535
Description[?]:
| As passed unanimously by the Yellow House of Legislation (1) Whereas the economy of Ikradon can only become more successful as companies expand and hire more workers, Also (2) Whereas by reaping such a high tax rate upon companies can lead to stagnant capital growth and therefore less new jobs, Also (3) Whereas it serves the national interest to have a strong, bustling economy, (R) We Resolve that the Corporate Tax Rate be lowered 2%, from 22% to 20%. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 22
Current: 50
Proposed: 20
Debate
These messages have been posted to debate on this bill:
| Date | 18:06:58, February 19, 2008 CET | From |  Red Dawn | To | Debating the Y.H.R. 0026 Economic Reform Bill I |
| Message | Red Dawn oppose this surrender to the capital! |
| Date | 20:44:10, February 19, 2008 CET | From | Boston Tea Party | To | Debating the Y.H.R. 0026 Economic Reform Bill I |
| Message | Agreed! Lower corporate taxes will only increase the productivity of Ikradon, promoting more employment and better incentives for both company and worker. |
| Date | 21:50:30, February 19, 2008 CET | From | Peoples' Liberation Front | To | Debating the Y.H.R. 0026 Economic Reform Bill I |
| Message | For the benefit of the workers of Ikradon we oppose this bill. |
| Date | 19:35:16, February 20, 2008 CET | From | Yellow Party | To | Debating the Y.H.R. 0026 Economic Reform Bill I |
| Message | This bill will now be brought to the floor. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 169 | ||||
| no |
Total Seats: 351 | ||||
| abstain |
Total Seats: 79 |
| Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
| Random quote: "The best politics is right action." - Mahatma Gandhi |