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Bill: Corporation tax
Details
Submitted by[?]: Lodamun Libertarian 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: July 2565
Description[?]:
| Our current budget surplus: 7,720,944,427 LOD Our current income from the corporation tax: 2,701,062,460 LOD Our budget surplus if we remove the corporation tax: 5,019,881,967 LOD Removing the corporation tax will stimulate our economy by giving the companies more money to invest and expand, which in return gives us more jobs so we can cut down on our unemployment. Also we dont need the corporation tax to have a budget surplus, we are well within a positive margin even if we remove it because the corporation tax does not give us much income (compared to our other income sources). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 30
Proposed: 0
Debate
These messages have been posted to debate on this bill:
| Date | 00:26:02, April 23, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Corporation tax |
| Message | Can the parties who vote no please explain why they oppose? We shouldnt tax the corporations just for the sake of taxing them if we dont need the money. |
| Date | 03:19:30, April 23, 2008 CET | From | The Liberal Party | To | Debating the Corporation tax |
| Message | I've always opposed tax cuts unless it is for the poor people. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 55 | ||||
| no |
Total Seats: 95 | ||||
| abstain | Total Seats: 0 |
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