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Bill: Corporation Tax
Details
Submitted by[?]: Ogden Sinclair 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: November 2132
Description[?]:
| The taxing of ten percent of Corporate profits. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 20
Proposed: 10
Debate
These messages have been posted to debate on this bill:
| Date | 18:23:44, October 27, 2005 CET | From |  Ogden Sinclair Party | To | Debating the Corporation Tax |
| Message | It is ridiculous not to take at the very least some level of tax from corporation. If you would support a different level please suggest |
| Date | 22:42:53, October 27, 2005 CET | From |  Islamic Nationalist Front | To | Debating the Corporation Tax |
| Message | OOC: I suggest umm... 0%. Take a look at my Corporate Tax Elimination Act for an extensive argument on why there should be no corporate tax. It's just not sound economic policy. If you disgaree, I'd like to know your reasoning. |
| Date | 05:16:37, October 28, 2005 CET | From | Ogden Sinclair Party | To | Debating the Corporation Tax |
| Message | The OSP do not expect to have this bill passed in this term but believed it important enough to be be highlighted now. From the other debate despite the NLP's smugness I was not convinced, if corporation tax was raised to this very small portion of profits it would have a very beneficial effect on the revenue of the government. Income tax could be lowered, which would lead to more money in hand and more consumption therefore the alot of the money taken away in taxes would be circulated back into the companies. You may claim that prices will just raise to match the money available to workers but with the observation and control the OSP plan to exert on the market we believe it is all possible |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 118 | |||
| no | Total Seats: 116 | |||
| abstain | Total Seats: 16 |
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