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Bill: Business Tax Act 3763
Details
Submitted by[?]: Alorian Reform Movement
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: June 3764
Description[?]:
Calls for an increase to a level of 15 percent tax on business profits. To help provide more investment to the Environmental and Tourism Ministry as well as rainy day fund. If Governor, Jensen is elected he will look to raise it to 17% |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 13
Current: 5
Proposed: 15
Debate
These messages have been posted to debate on this bill:
Date | 14:51:33, November 25, 2014 CET | From | Social Democratic Party | To | Debating the Business Tax Act 3763 |
Message | We agree since the well being of the general population should prevail over the interest of Corporation. Yet, we do warn the government to be very caution in executing the bill, since it might hinder the development of businesses. |
Date | 02:39:59, November 26, 2014 CET | From | Royal Conservative Party | To | Debating the Business Tax Act 3763 |
Message | Most businesses are small and employ only a few people and are run by ordinary men and women or are self employed inderviduals. Corporations whilst they get all the press are not the majority. Raising taxes due the a minority when it will harm the majority, espechally when the majority is the people it claims to help is both counter productive and short sighted. The RCP stand with the majority of small businesses and the self employed and oppose this. |
Date | 08:24:04, November 26, 2014 CET | From | Alorian Reform Movement | To | Debating the Business Tax Act 3763 |
Message | This can be easily offset by tax cuts elsewhere, mainly if possible abolish the sales tax but keeping the luxury one. Lowering the sales tax would help people spend more when purchasing at small business etc, This is only one possibility of tax reform Governor Jensen is looking at reforming. We understand the SDP caution and the RCP opposition. |
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Voting
Vote | Seats | ||||||
yes |
Total Seats: 401 | ||||||
no | Total Seats: 99 | ||||||
abstain |
Total Seats: 0 |
Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
Random quote: "If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin." - Charles Darwin |