We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Corporation Tax Reform of 3097
Details
Submitted by[?]: Christian Democratic 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: February 3098
Description[?]:
| This bill will reduce the taxation on corporations from the current 45% to 40%. I am closely monitoring the effects various cuts have had on the economy, and believe this needs to come gradually. Also this may be the last corporate tax cut proposed by our party, as we feel the luxury tax is the next tax to be adjusted. The essential items tax, for now shall stay at 10%. Again, by cutting taxes on corporations, this will spur on business growth and create new jobs. (OOC: also I think it might have worked like I thought, and we are actually getting more tax revenue from businesses now than before, not sure as I didn't record that info.) |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 45
Current: 5
Proposed: 40
Debate
These messages have been posted to debate on this bill:
| Date | 23:44:33, March 28, 2011 CET | From | New Aloria Party (NAP) | To | Debating the Corporation Tax Reform of 3097 |
| Message | We will support. OOC: Exactlly! I've pointed out before that reducing this tax and the sales taxes acctualy get you more revunve then you got from them!!!! |
| Date | 07:46:16, March 29, 2011 CET | From | Labour Party | To | Debating the Corporation Tax Reform of 3097 |
| Message | No, I don't agree, companies need to be taxed more even if more revenue is produced from sales, if you tax something people will you use less of it and it would be better to see people not propping up large companies because we have a law that allows foreign investors to get a majority share, if that was gone then I would support tax cuts not now. |
| Date | 08:56:49, March 29, 2011 CET | From | New Aloria Party (NAP) | To | Debating the Corporation Tax Reform of 3097 |
| Message | If I'm correct the law doesn't allow foregin investors to get a majority share. if I'm wrong and that law is in effect please bring it to a bill. The PP does not support any foregin investors getting a majority of shares. The higher the tax on a businsses the less money it has to pay its employees, benfits etc. Eventually they have to close and people get laid off. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 496 | |||
| no |
Total Seats: 254 | |||
| abstain | Total Seats: 0 |
| Random fact: Characters are considered to be "owned" by the player who first mentioned or created them. In practice, players may share responsibility for role-playing a character, but ultimate authority rests with the owner. |
| Random quote: "I've been against the death penalty since I was in law school in 1950. It's horrible, discriminatory, and undermines the credibility of the criminal justice system." - Ralph Nader |