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Bill: Finance Investment Bill
Details
Submitted by[?]: Highazhell 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: July 3098
Description[?]:
| A bill to tax corporations, reinvesting all revenue in finance and industry. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 26
Proposed: 5
Debate
These messages have been posted to debate on this bill:
| Date | 04:13:49, March 29, 2011 CET | From | Highazhell Party | To | Debating the Finance Investment Bill |
| Message | We at the Highazhell party would like to come to a compromise on the taxation of corporations. At the same time, we'd also like to see more money in Finance and Industry. Would it not make sense to raise the funds with a 5 % taxation? All revenue will be split between finance and industry, as usual any suggestions are welcomed by the Highazhell party. |
| Date | 04:51:30, March 29, 2011 CET | From | Rutanian Supremacist League | To | Debating the Finance Investment Bill |
| Message | Why does the Highazhell Party want more money in the Finance and Indusry ministries? |
| Date | 10:29:42, March 29, 2011 CET | From | Highazhell Party | To | Debating the Finance Investment Bill |
| Message | We believe investing Rutania's money will ensure a rich future for all its citizens. Also investing in business and industry could lead to more jobs, which would attract more people to Rutania. |
| Date | 18:06:32, March 29, 2011 CET | From | Rutanian Supremacist League | To | Debating the Finance Investment Bill |
| Message | The Horowitz Party believes that nobody can invest money better than its owners. The Highazhell Party seems to believe that government has every right to coerce off people's money because people don't know how to invest it themselves. The Horowitz Party is disgusted by the Highazhell Party for adopting this patronising attitude. Money that is siphoned to the ministry of industry is used to fund industry regulations (bureaucrats, office supplies, etc). Rutania has minimal industry regulations. Also, bail-outs are illegal in this country. The department of finance is responsible for balancing the budget. It is improper for the ministry of finance to take people's money so that burecrats wh think they know what's good for everyone can invest it. |
| Date | 20:58:13, March 29, 2011 CET | From | Highazhell Party | To | Debating the Finance Investment Bill |
| Message | We here at the highazhell party are still waiting for the Horowitz party to come up with a way to solve the deficit problem. We can say however, the majority of cuts would be coming from defense, education, and technology. There just isn't enough room elsewhere to cut 85,000,000,000 Rut. Why is the Horowitz party so vehemently against having corporation pay taxes? Aren't we trying to better this country, allowing corporations to go untaxed and unregulated really puts the burden on the citizens of Rutania. |
| Date | 02:14:14, March 30, 2011 CET | From | Rutanian Supremacist League | To | Debating the Finance Investment Bill |
| Message | The revenue generated by taxing corporations are so negligible that it will not be able to offset the loss of Rutanian business competitiveness. We of the Horowitz Party ask the Highazhell Party to explain themselves why they say that untaxed corporations burden Rutanians? Are not the corporations the Highazell Party so vehemently desire to tax not owned by Rutanians? Do they not employ Rutanians? Are not their consumers Rutanians? Take especial note of the last part since it has been proven by political scientists, economists and plain common sense that taxes on corporations are merely indirect taxes on consumers. Corporations cannot shoulder the burden the Highazhell Party so vehemently wish to impose on them. They will raise their prices; they will fire workers; and, by heaven, they'll produce less! And, at the blink of an eye, foreign companies will swamp the niche left by Rutanian corporations whose dominance at the domestic market they cannot sustain. All because the megalomaniacs at the Highazhell Party cannot keep their hands to themselves! Furthermore, the Horowitz Party would like to point out that Rutania is far from suffering a deficit problem. In fact, there is an EIGHTY-EIGHT BILLION RUT SURPLUS. The Horowitz Party would like to express our lack of confidence at the administration's grievous lack of economic sense. |
| Date | 07:45:47, March 30, 2011 CET | From | Highazhell Party | To | Debating the Finance Investment Bill |
| Message | Does the Horowitz party realize we just went from -85 billion rut to positive 86 billion by getting rid of the Horowitz parties income tax system. |
| Date | 15:49:38, March 30, 2011 CET | From | Rutanian Supremacist League | To | Debating the Finance Investment Bill |
| Message | Does not the Highazhell Party realise their tax system puts a trememdous burden on the poor? Does the Highazhell Party not realise that the Horowitz Party tried to simplify the tax system and that the Highazhell Party voted against that? |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 295 | ||
| no | Total Seats: 380 | ||
| abstain | Total Seats: 0 |
| Random fact: Players who deliberately attempt to present a misleading picture of the nation's current RP laws will be subject to sanction. |
| Random quote: "Politics is the art of postponing decisions until they are no longer relevant." - Henri Queuille |