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Bill: Thomas Thule Rule
Details
Submitted by[?]: Unionen av Frihet
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: May 3463
Description[?]:
| The Thule rule States that no tax should be above 25%. While the UF cannot control income taxes, we can put forth an effort to reduce the corporate tax. Kazulia has the 13th highest corporate tax in Terra! This is not a business friendly environment. If we want everyone to have a job, if we want Kazulia to be the number 1 job creating country in Terra, we must pass this bill. Only costs 3.5 billion. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 20
Proposed: 25
Debate
These messages have been posted to debate on this bill:
| Date | 22:04:42, March 30, 2013 CET | From |  League of Justice | To | Debating the Thomas Thule Rule |
| Message | What would you finance it with? - We have a budget deficit at the time and can not afford a tax decrease, besides lowering the corporation tax is not the smartes way of creating jobs and growth, it would be smarter to lower the consumer prizes. |
| Date | 22:49:14, March 30, 2013 CET | From | Unionen av Frihet | To | Debating the Thomas Thule Rule |
| Message | Sadly we cannot finance this, but the Retsforbundets tax plan was not fully payed for either. We do not need the smartest way of creating jobs growth, just a way to create jobs growth, and this is a very good way. All company's want to make more money. If we lower their taxes we can do so and they will hire more workers and those workers will become active in the economy and his will start a chain reaction. As you see our cuts are not outrageous, merely a 5% cut that only costs 3.5 billion dollars. In comparison the education budget is about 28x that size. Again we are currently in the top 13 nations for highest corporate tax rate. There are about 40 nations that have lower corporate taxes than us. We need to be an attractive place to do business and currently we are not. We do not think 25% is outrageously low and we hope all parties join us in support for this bill. |
| Date | 23:02:52, March 30, 2013 CET | From | League of Justice | To | Debating the Thomas Thule Rule |
| Message | We know and that why we are trying to make things better in our new budget proposal. We should of course lower taxes in the smartest way because the smartest way will ensure more growth and jobs to Kazulia. Retsforbundet changed the corporation tax from 60 or 65% to 30% and we do not see any reason in changing this right now. |
| Date | 23:04:38, March 30, 2013 CET | From | League of Justice | To | Debating the Thomas Thule Rule |
| Message | And we will under no circumstances vote yes to unfinanced tax cuts. |
| Date | 23:10:26, March 30, 2013 CET | From | Unionen av Frihet | To | Debating the Thomas Thule Rule |
| Message | With all due respect didn't you vote yes for your tax plan? So maybe one or two circumstances :) |
| Date | 23:15:04, March 30, 2013 CET | From | League of Justice | To | Debating the Thomas Thule Rule |
| Message | I do know that, but I made a wrong estimate, I thought there would be no budget deficit. I have after all made some adjustments in the budget now. |
| Date | 23:17:06, March 30, 2013 CET | From | Unionen av Frihet | To | Debating the Thomas Thule Rule |
| Message | And we thank you for those adjustments and your criticisms of this bill aren't unreasonable. |
| Date | 03:02:42, March 31, 2013 CET | From | Logisk Synspunkt | To | Debating the Thomas Thule Rule |
| Message | We can make a quick adjustment later by cutting some out of trade and industry because that section doesn't need as much money now that the privatization bill has enough votes to pass. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 94 | ||||
| no |
Total Seats: 115 | ||||
| abstain | Total Seats: 41 |
| Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
| Random quote: "I am loyal to the ideas, not to the institutions." - Cyro Aquila, former Selucian politician |