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Bill: Corporation tax

Details

Submitted by[?]: Lodamun Libertarian Party

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 2571

Description[?]:

This is a unnesecary tax which only hurts or economy, and might in some cases be the deciding factor preventing some companies from expanding. I can not see anything positive with this tax

Proposals

Debate

These messages have been posted to debate on this bill:

Date16:20:45, May 03, 2008 CET
FromLodamun Libertarian Party
ToDebating the Corporation tax
MessageAnd if this passes we will still have a nice budget surplus, which you can see for yourself by checking the current budget

Date21:59:26, May 03, 2008 CET
FromThe Liberal Party
ToDebating the Corporation tax
MessageThe people should get the tax breaks, not the corporations. I don't oppose lowering the taxes for corporations but not eliminate them.

Date23:18:31, May 03, 2008 CET
FromLodamun Libertarian Party
ToDebating the Corporation tax
MessageThis tax effects the people because the money they spend on this tax could be spent on getting more jobs, or higher salaries.

But we do agree on giving people tax breaks too, but we are happy to see that this bill gets a majority of the votes :)

Date23:29:42, May 03, 2008 CET
FromThe Liberal Party
ToDebating the Corporation tax
MessageCorporation owners will keep the money for themselves, that's how capitalism works. And yes, taxpayers should pay less taxes.

Date23:58:51, May 03, 2008 CET
FromLodamun Libertarian Party
ToDebating the Corporation tax
MessageCorporations will use those money to expand and get bigger, thats also how capitalsim works. Corporation owners wont keep all the money for themself, they will rather let the money stay in the company as long as they retain ownership because if they take money out they will have to pay tax.

Date02:31:28, May 04, 2008 CET
FromThe Liberal Party
ToDebating the Corporation tax
MessageIf they take the money out they won't have to pay anything because it is corporation profits and according to this bill, corporation profits won't be taxed. Not all the money is going to go to the corporation, they are going to keep some of it.

Date03:55:16, May 04, 2008 CET
FromLodamun Libertarian Party
ToDebating the Corporation tax
MessageIf they take the money out for themself that counts on there income tax. Yeah corporation profits wont be taxed, but if private people take money out thats there income so its taxed. The corporation tax only applies to the corporations profit, it does not transfer over to money taken out off the corporations by shareholders

Date04:10:06, May 04, 2008 CET
FromThe Liberal Party
ToDebating the Corporation tax
MessageI would support if we had any guarantee that jobs would be created or salaries would be higher. I just don't want that money to go overseas to another country.

Date04:13:16, May 04, 2008 CET
FromLodamun Libertarian Party
ToDebating the Corporation tax
MessageWell do you have any evidence the money will go overseas? Most of our companies are owned by our own citizens (offcourse there is a few exeptions, but thats just how it is in a capitalist economy)

Date04:15:34, May 04, 2008 CET
FromThe Liberal Party
ToDebating the Corporation tax
MessageI don't have any evidence that it will go overseas, I sure hope it doesn't. I only wish there was a guarantee that jobs will be created, if that was possible, I would vote yes.

Date04:35:03, May 04, 2008 CET
FromLodamun Libertarian Party
ToDebating the Corporation tax
MessageThe corporation get more captial, which it can use to invest to make a bigger profit, which in turn will allow it to expand, which in turn will create more jobs. Thats about the only guarantee I can give you, since the minister of finance tries to get involved in the economy, prefering to let the economy run itself

Date05:05:55, May 04, 2008 CET
FromThe Liberal Party
ToDebating the Corporation tax
MessageYou mean tries not to get involved. I don't know. I have to think about it. You don't need my vote anyways, it has a majority already.

Date05:27:59, May 04, 2008 CET
FromLodamun Libertarian Party
ToDebating the Corporation tax
MessageYeah I mean tries not to get involved, made a type. Yeah your vote dosent really matter, but I like debating stuff like this :)

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Voting

Vote Seats
yes
    

Total Seats: 78

no
    

Total Seats: 72

abstain

    Total Seats: 0


    Random fact: Submitting a bill without any proposals in it will not attract or detract voters. It will not raise your visibility or change your political position.

    Random quote: "Those who expect to reap the blessing of freedom must, like men, undergo the fatigue of supporting it. " - Thomas Paine

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