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Bill: Taxation Act of 3584
Details
Submitted by[?]: Königlich Edelste 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: September 3585
Description[?]:
Realizing that it is for the benefit of the nation that all Corporations and business should pay a small amount of taxes to ensure the national coffers are kept full it is with this in mind that the Königlich Edelste Party requests that the current administration take into consideration the increasing of Corporate Tax from 0% to 10%. Also, seeing the unfair burden of the taxation on essential goods for the populace we of the KEP request the lowering of the Sales Tax on essential goods to 10% instead of 20% to help the lower classes in maintaining the needed funds to purches goods and services, this will also improve the economy by allowing them to spend more money into our domestic markets. Signed, Edelste Economic Committee Edelste Social Equality Committee Garren Waldriech, Viceroy Garrus Waldreich, Head of KEP |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 5
Proposed: 10
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 20
Current: 15
Proposed: 10
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
Random quote: "Politics is all about compromises and negotiations, nothing more, nothing less." - Augusto Amadeo, former Istalian politician |