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Bill: Corporation Tax Increase Act
Details
Submitted by[?]: Communist 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: February 4292
Description[?]:
To ensure funding for public services we must increase corporation taxes. This is to ensure there is no economic hit to our consumer spending power and increase government resources. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 22
Proposed: 15
Debate
These messages have been posted to debate on this bill:
Date | 14:49:52, October 20, 2017 CET | From | Communist Party | To | Debating the Corporation Tax Increase Act |
Message | We ask the house to debate. |
Date | 20:05:42, October 20, 2017 CET | From | Populist Party of Mordusia | To | Debating the Corporation Tax Increase Act |
Message | We believe that a raise in corporate taxes will push jobs overseas. We should strive to increase business and jobs at home to ensure a bright future. We recommend a small raise in tax if absolutely necessary, but also higher tariffs on imports to help keep out multinationals from pulling out of our great country |
Date | 23:41:03, October 20, 2017 CET | From | Communist Party | To | Debating the Corporation Tax Increase Act |
Message | Corporation tax is a tax applied after. Its a tax on profit. All this means is that companies who make a profit after salaries, expenses and investments will pay the tax. This doesn't affect jobs at all. We are intending on investing education with the money raised, we hope the PPoM reconsider their position. |
Date | 00:18:50, October 21, 2017 CET | From | Mordusia First! | To | Debating the Corporation Tax Increase Act |
Message | This will affect jobs in various ways. Many small businesses may not be able to afford higher taxes and will have to reduce individual worker time or fire some workers to keep up with demands. On the other hand, those that can afford this tax increase will have less money left over that could have been re-invested into the business and created more jobs but they do not have enough money left over to invest into job creation. Peter Reynolds Minister of Trade and Industry |
Date | 23:10:53, October 21, 2017 CET | From | Communist Party | To | Debating the Corporation Tax Increase Act |
Message | Corporation tax is a tax on profit. Why doesn't the TP understand this? If the company hires more workers, then they will have a smaller profit, meaning they will pay smaller amounts of tax..... Does the TP understand economics? David Honnor Leader of the MSP |
Date | 10:46:24, October 23, 2017 CET | From | Mordusia First! | To | Debating the Corporation Tax Increase Act |
Message | We understand that the corporation tax is a tax on profit but that profit is what is invested into the business. I suggest that you go and learn how business and economics works- I definitely understand due to my experience ACTUALLY running a business, something that your career has lacked. Horace Grumsworth President of Mordusia |
Date | 02:03:11, October 24, 2017 CET | From | Communist Party | To | Debating the Corporation Tax Increase Act |
Message | First of all, if you are waiting to pay tax and then invest you are not running your business efficiently. Investments are accounted for before tax deductions. Maybe it isnt myself who needs to learn about business and economics. Try again. David Honnor Leader of the MSP |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 437 | ||||
no | Total Seats: 224 | ||||
abstain | Total Seats: 89 |
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