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Bill: Corporate Tax Act of 3736
Details
Submitted by[?]: Kirlawan People's Justice 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: December 3736
Description[?]:
| Our restored budget http://classic.particracy.net/viewbill.php?billid=418443 http://classic.particracy.net/viewbill.php?billid=418444 is good, and we do have a surplus; but it's very minimal, and month-to-month fluctuations might risk dropping it into occasional deficit. A little more revenue, to shore up our surplus, can be gained via the corporate tax. 58% is the revenue-maximising rate for the corporate tax -- any other rate, whether higher or lower than 58%, brings in less revenue -- so that's why KPJP prefer this specific figure which might look unusual at first glance. (It's actually closer to 57,735%, but in Particracy fractions of a percent aren't permitted, and 58% collects more revenue than 57% does.) |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 15
Proposed: 58
Debate
These messages have been posted to debate on this bill:
| Date | 22:48:31, October 01, 2014 CET | From | Vanguard for Virtue & Righteousness | To | Debating the Corporate Tax Act of 3736 |
| Message | Satanism! |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 189 | |||
| no | Total Seats: 98 | |||
| abstain | Total Seats: 430 |
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