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Bill: Corporation and Luxury Tax Reduction Act
Details
Submitted by[?]: The Liberal 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: June 2803
Description[?]:
| This bill will: 1) Reduce the corporation tax to 0% from 3%. 2) Reduce the luxury tax from 23% to 22%. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 3
Current: 30
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 23
Current: 25
Proposed: 22
Debate
These messages have been posted to debate on this bill:
| Date | 02:39:51, August 16, 2009 CET | From | United Republics Party | To | Debating the Corporation and Luxury Tax Reduction Act |
| Message | The URP supports tax cuts, but believe they should be used to make the income tax flatter with adjustments to other taxes to come afterwards. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 73 | ||||
| no |
Total Seats: 127 | ||||
| abstain | Total Seats: 0 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
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