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Bill: Corporation & Sales Tax Act
Details
Submitted by[?]: Socialist 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: May 3069
Description[?]:
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Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 42
Current: 9
Proposed: 30
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 16
Current: 27
Proposed: 20
Debate
These messages have been posted to debate on this bill:
Date | 15:41:54, January 30, 2011 CET | From | Socialist Party | To | Debating the Corporation & Sales Tax Act |
Message | Rt Hon Antony Wellesley MP, Chancellor of the Exchequer Mr Speaker, The current taxation system discourages investment in Hutori and hurts our economy. We believe a reduction of corporation tax will lead to more jobs for our citizens as well as large investment. Shifting the burden to luxury tax will place the burden on the richest without distorting market incentives. |
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Voting
Vote | Seats | ||
yes |
Total Seats: 391 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
Random quote: Time and again, the police prove themselves to be the Class Enemy, an armed mob used to oppress the masses and maintain the wealthy in their privileges. ~Friedrich Pfeiffer, General Secretary of the Dorvish Communist Party |