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Bill: Corporate Tax Rate & EDZ Exemptions
Details
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: September 4132
Description[?]:
| This proposal will make a small increase to the corporate tax rate. Corporations based in and doing business within an Economic Development Zone will continue at 15% |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 15
Proposed: 18
Debate
These messages have been posted to debate on this bill:
| Date | 01:50:44, December 08, 2016 CET | From |  SUN | To | Debating the Corporate Tax Rate & EDZ Exemptions |
| Message | This is a small boost. We hope to eventually put this rate at a minimum of 25%, but not in big jumps which would throw the economy off. It is unfortunate that most middle-income working people pay more on their income taxes than corporations. However, in addition to the 3%-of-GDP targeted stimulus, these very low rates and helped corporations grow and hire more people. |
| Date | 02:00:04, December 08, 2016 CET | From | Solentian Nationalist People's Party | To | Debating the Corporate Tax Rate & EDZ Exemptions |
| Message | This is a sensible proposal. While we are opposed to most tax increases, this is one we can get behind. This isn't a radical socialist plan of ultra-high taxes on corporations, and not an anarchist plan of 0 taxes. This is a commonsense measure and should benefit Solentia in the future, if not now. Donald Drumpf, NRP Financial consultant |
| Date | 02:07:04, December 08, 2016 CET | From | SUN | To | Debating the Corporate Tax Rate & EDZ Exemptions |
| Message | We thank Mr. Drumpf for this yuge endorsement. |
| Date | 02:14:16, December 08, 2016 CET | From | Solentian Nationalist People's Party | To | Debating the Corporate Tax Rate & EDZ Exemptions |
| Message | Thank you, thank you. You SUN guys seem to know your stuff, believe me. I'm a negotiator, like you folks. Donald Drumpf, NRP Financial consultant |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 261 | ||||
| no | Total Seats: 104 | ||||
| abstain | Total Seats: 135 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "Benefits should be conferred gradually; and in that way they will taste better." - Niccolo Machiavelli |