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Bill: Economic Growth Act
Details
Submitted by[?]: Patriot Conservative
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: August 2119
Description[?]:
| This bill will cut business taxes by 25 % in order to spark economic growth. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 0
Proposed: 15
Debate
These messages have been posted to debate on this bill:
| Date | 08:05:05, October 01, 2005 CET | From | Revised Confederate Party | To | Debating the Economic Growth Act |
| Message | All hail the industrial sectors! Honestly, we feel that a simple 5% tax cut here would drive corporations to perform better since they know they'll receive a larger sum of the profits. It shouldn't have a negative effect on our economy because of that, so we can accept it. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 505 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 145 |
| Random fact: Hundreds of vessels were lost while traversing the cold waters of the Sea of Lost Souls. It is located between Seleya and Majatra. |
| Random quote: "You can't get rid of poverty by giving people money." - P. J. O'Rourke |