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Bill: Corporate Taxes
Details
Submitted by[?]: Party for a Federal Meritocracy
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: June 2559
Description[?]:
| We neglected to factor in corporate and luxury taxes in our income tax bill. Rather than adjust that (since it does reduce taxes already) we are proposing decreases to the other taxes as well and still retaining a large surplus. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 20
Proposed: 5
Debate
These messages have been posted to debate on this bill:
| Date | 18:42:01, April 09, 2008 CET | From |  Party for a Federal Meritocracy | To | Debating the Corporate Taxes |
| Message | This should also stimulate business and may attract outside corporations due to the low tax rate. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 230 | ||
| no |
Total Seats: 120 | ||
| abstain | Total Seats: 0 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "Socialism failed because it couldn't tell the economic truth; capitalism may fail because it couldn't tell the ecological truth." Lester Brown, Fortune Brainstorm Conference, 2006 |