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Bill: Tax Reduction Act
Details
Submitted by[?]: Progressive Conservative 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: November 4211
Description[?]:
Mr.Speaker, As our country has been running a healthy surplus for quite some time,we believe that now is the time to cut Corporate Taxes and Taxes on Essential Goods.Our Nation has a very high Corporate Tax Rate which makes us unattractive to investors all around the world.Therefore these cuts are the need of the day to encourage world businesses to invest in our country. These Tax Cuts will stimulate Investment by Foreign Businesses And the Cuts on the Tax on Essential Goods will help our citizens to spend more. We hope that all parties will be Able to support this bill. Thank You, Emma Clarkson, Progressive Conservative Party Leader. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 28
Current: 70
Proposed: 25
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 0
Proposed: 2
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes |
Total Seats: 540 | |||||
no | Total Seats: 81 | |||||
abstain | Total Seats: 79 |
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