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Bill: Corporation Tax
Details
Submitted by[?]: Conservative Monarchist Alliance
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: October 3747
Description[?]:
| The current rate of Corporation Tax is far too high, inhibiting enterprise and job-creation. A reduction is in order. Mathis Weiman Economic Affairs spokesman |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 30
Proposed: 35
Debate
These messages have been posted to debate on this bill:
| Date | 01:51:42, October 22, 2014 CET | From |  Great National Republican Guard | To | Debating the Corporation Tax |
| Message | Mr. Speaker, This proposal has been made without the Presidium being told the predicted change in revenue and whether we can still maintain a balanced budget. -- Gordon Fertig, Chairman of the GNRG, Opposition Leader |
| Date | 04:17:02, October 22, 2014 CET | From | Conservative Monarchist Alliance | To | Debating the Corporation Tax |
| Message | Mr. Speaker, All other things being equal, we would expect this reduction to leave Lodamun with a very small and affordable deficit. The relief granted to our economy, however, would be immense. Mathis Weiman Economic Affairs spokesman |
| Date | 04:56:03, October 22, 2014 CET | From | Great National Republican Guard | To | Debating the Corporation Tax |
| Message | Mr. Speaker, Why should the people go into debt to make life easier for the bourgeoisie? -- Gordon Fertig, Chairman of the GNRG, Opposition Leader |
| Date | 07:15:13, October 22, 2014 CET | From | Grand Nationalist Fraction | To | Debating the Corporation Tax |
| Message | Mr. Speaker, in order not to destabilize the nation, we always like a budget proposal with such tax changes. We cannot accept such a change. Claire Dewitte LNC treasurer |
| Date | 14:53:00, October 22, 2014 CET | From | Conservative Monarchist Alliance | To | Debating the Corporation Tax |
| Message | Mr. Speaker, A corporation tax of 50% doesn't just hurt the "bourgeoisie". It is destroying jobs and enterprise in our economy, harming the interests of all of us. Mathis Weiman Economic Affairs spokesman |
| Date | 15:12:29, October 22, 2014 CET | From | Movement for Percyism | To | Debating the Corporation Tax |
| Message | Mr. Speaker, We think the 50% taxation is indeed to high, yet we do not see why we should lower it 15% in one legislation? This would hurt the balance budget and that could lead towards worried international financiers. We would like to see from the CMA a real plan on how to balance the budget and lower the tax rate to 15%. We would gladly join our heads together with the CMA and other interested parties to reevaluate the taxes in this country. John Valdimar Financial expert CDP |
| Date | 15:23:33, October 22, 2014 CET | From | Conservative Monarchist Alliance | To | Debating the Corporation Tax |
| Message | Mr. Speaker, Even with the tax reduction proposed here, the budget would remain effectively "balanced" in the sense that the deficit would be extremely small. Nevertheless, we remain open to co-operating with the CDP and other parties in order to reform our tax system in a way that benefits our citizens and our economy. Mathis Weiman Economic Affairs spokesman |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 169 | ||||||
| no |
Total Seats: 415 | ||||||
| abstain | Total Seats: 15 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "Liberalism is the transformation of mankind into cattle." - Friedrich Nietzsche |