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Bill: Tax on luxury goods & Corporations Act
Details
Submitted by[?]: Social Liberal Party
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: March 4230
Description[?]:
| We are suffering from a deficit of -5,159,789,406 HLR, we need to get a surplus |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 18
Current: 27
Proposed: 20
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 9
Proposed: 10
Debate
These messages have been posted to debate on this bill:
| Date | 16:35:43, June 20, 2017 CET | From | Hutori Progressives | To | Debating the Tax on luxury goods & Corporations Act |
| Message | Mr Speaker, We are in agreement with the Social Liberal Party over the subject matter of reducing our nation's deficit. However, we do not think it is right to include restrictions on an individual's liberty in this bill through removing powers to control gambling from local government control. Also, whilst we agree that our nation should have some form of corporation tax, we believe that it should be much higher than 5%. - Brandon Green Leader of the Hutori Progressives and the International Progressive Alliance |
| Date | 22:25:56, June 20, 2017 CET | From | Social Liberal Party | To | Debating the Tax on luxury goods & Corporations Act |
| Message | What kind of percentage do you suggest? 10 could be ok? - Martin McCaskill Leader of Social Liberal Party |
| Date | 00:03:07, June 21, 2017 CET | From | Hutori Progressives | To | Debating the Tax on luxury goods & Corporations Act |
| Message | We are in agreement with the Social Liberal Party on this proposal, you have our full support. - Anya Haigh The Hutori Progressives' candidate for Finance. |
| Date | 00:05:31, June 21, 2017 CET | From |  Liberal Party of Hutori | To | Debating the Tax on luxury goods & Corporations Act |
| Message | Mr. Speaker The sole reason for Hutori's continued competitiveness in the global economy is our lack of corporate taxes which not only make it easier for businesses to operate in Hutori but also assist small businesses thrive in our communites. A 10% Tax Rate may be a killer for some small businesses that are barely getting off of the ground. This will kill jobs and the economy and the Progressive should be ashamed for supporting these job killing taxes. Mitchell Court (I-RO) Senator for Sutton Isle |
| Date | 00:40:40, June 21, 2017 CET | From | Hutori Progressives | To | Debating the Tax on luxury goods & Corporations Act |
| Message | Mr Speaker, May I draw the attention of those who oppose this bill to the fact that the top three economies as ranked by the Economic Index all have a 10% corporation tax level or higher [see links below.] Vanuku which is ranked higher than our nation on the economic index has a corporation tax rate of 20%! The increase in corporation tax will rid our nation of its budget deficit and will allow us to run a surplus. A budget surplus is the key to a strong economy. Our economy will not go down the drain because of the introduction of this bill. You are but only fear mongering to protect the interests of the corporate elite. - Brandon Green Leader of the Hutori Progressives |
| Date | 00:42:09, June 21, 2017 CET | From | Hutori Progressives | To | Debating the Tax on luxury goods & Corporations Act |
| Message | [links] Global Corporation Tax Rates: http://classic.particracy.net/viewvariable.php?variable=CORPORATION_TAX Global Economic Index: http://forum.particracy.net/viewtopic.php?f=11&t=7366 |
| Date | 02:49:31, June 21, 2017 CET | From | Federal Heritage Party of Hutori | To | Debating the Tax on luxury goods & Corporations Act |
| Message | Mr. Speaker, The Progressives are thoroughly misrepresenting the data. We used to have the strongest economy in all of Terra and our low corporate tax rates were a large part in why we held that title. However, after the poor handling of the recent economic crisis by those in leadership at the time we lost our former standing. Our tax rate is the very reason why we are not ranked lower on the economic index. Senator Wyatt McLaughlin (F-AD) Federalist Senate Leader |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 0 | ||||
| no |
Total Seats: 600 | ||||
| abstain | Total Seats: 0 |
| Random fact: Characters are considered to be "owned" by the player who first mentioned or created them. In practice, players may share responsibility for role-playing a character, but ultimate authority rests with the owner. |
| Random quote: "The worst thing the bad guys can do is force us to doubt the good ones." - Viria Agelasta, former Selucian politician |