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Bill: HEGC's Corporate Taxation bill.
Details
Submitted by[?]: Hobrazian Extraordinary Gentlemen's Club
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: September 2648
Description[?]:
| The bill suggests to increase the tax on the corporate profit. With the higher tax rate on the profit, corporations will be stimulated to keep their resources (capital) in the State (or possibly abroad) - working and creating additional capital - creating and being a cause of improved economical situation in the Hobrazia; whereas low tax on the profits will let corporations to easily deduct capital from the circulation. In other words- the higher the tax rate on the corporate activities - the more money will participate in the circulation and development of Hobrazia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 12
Proposed: 9
Debate
These messages have been posted to debate on this bill:
| Date | 05:15:14, October 07, 2008 CET | From | Classical Liberal Party | To | Debating the HEGC's Corporate Taxation bill. |
| Message | Never. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 119 | |||||
| no |
Total Seats: 253 | |||||
| abstain | Total Seats: 0 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." - John Maynard Keynes |