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Bill: SUN.013.2772 Corporations Accorded Fair Taxation Act
Details
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: April 2777
Description[?]:
| It makes no sense to exempt corporations from taxes entirely. SUN proposes asking corporate entities to pay their fair share of the costs for the government investments in roads, power, communications, research, and all the other vital infrastructure that makes their success possible. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 17
Proposed: 35
Debate
These messages have been posted to debate on this bill:
| Date | 16:18:34, June 17, 2009 CET | From | 帝国公明党 (Teikoku Kōmeitō) | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | While we view this as a move in the right direction, we generally support the historic 30%, as it is what companies have been used to and the amount that the government has worked with the longest. OOC: I don't remember if this, like other taxes was supposed to be only done by whomever controls finances or not. |
| Date | 16:49:26, June 17, 2009 CET | From | Mugenkai | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | OOC: I may be mistaken, but I thought that the tax had been eliminated by a party that did not control Finance. If there's a tacit understanding that only the Finiance Minister's party should make this proposal, I'll cancel it. |
| Date | 15:19:45, June 18, 2009 CET | From | Central Union of Trade and Economy | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | OOC: Well, DSP, you changed it also from 0 to 30 back then when CUTE controlled the Finance (like it has done for the past century or so :) Then Conservatives Changed it back to 0. IC: We Disagree. Why should some people pay double taxes? It is unfair. First, their company pays the taxes (your insane 35% of the profit), and then, from the money that is left over, they pay salary from it to the employees and the owners, who AGAIN have to pay taxes? There is no point in double taxes, and Coporal Tax will only reduce the amount of jobs. This will especially hurt the small companies that employ only a handfull of people. I know socialist would like you to think that all companies are gigantic multinational exploiters, but in reality, most of the Sekowan companies are small business', like small family companies runing a small restaurant. Asking them to pay insane 35% tax from their small profit is thievery that has no justification. |
| Date | 05:00:02, June 19, 2009 CET | From | Mugenkai | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | Most small businesses are not incorporated, so this would not be a problem for them. On the other hand, we should not create artificial incentives to incorporate. A corporation is a legal person and should pay taxes just like all people within our Federation. The tax rate is set below the maximum income tax rate in recognition of the benefits corporations provide, but those benefits alone do not justify immunity from taxation. Any small business that might be harmed by this bill is welcome to reorganize as a partnership. |
| Date | 12:52:05, June 19, 2009 CET | From | Central Union of Trade and Economy | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | It makes no sense to make people pay taxes twice. They already have to pay income taxes if they wish to trasnfer money to their personal use from the corporation. |
| Date | 18:20:20, June 19, 2009 CET | From | 帝国公明党 (Teikoku Kōmeitō) | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | OOC: True, I did, still saying though, I don't remember if it was meant to be left to financial ministry party or not, so if it was I screwed up, just saying I don't remember. |
| Date | 18:35:22, June 19, 2009 CET | From | Mugenkai | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | OOC: Aside from that, the main intent of this bill is to raise my big-government visibility, so I set it high enough that I know it won't pass. But if it would be better to leave it to the Finance Minister, I'll convert this bill to a resolution saying that corporations ought to be taxed. What's the common practice here? |
| Date | 20:46:40, June 22, 2009 CET | From | Mugenkai | To | Debating the SUN.013.2772 Corporations Accorded Fair Taxation Act |
| Message | OOC: If there's no clear response I'll be bringing this to vote after the elections. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 210 | ||
| no | Total Seats: 328 | ||
| abstain | Total Seats: 62 |
| Random fact: The Real-Life Equivalents Index is a valuable resource for finding out the in-game equivalents of real-life cultures, languages, religions, people and places: http://forum.particracy.net/viewtopic.php?f=11&t=6731 |
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