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Bill: CorpTax Act
Details
Submitted by[?]: People's 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: December 4306
Description[?]:
| This bill calls for the taxation of corporations in order to increase government revenue that can be spent on public services. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 9
Proposed: 20
Debate
These messages have been posted to debate on this bill:
| Date | 03:45:32, November 21, 2017 CET | From |  Scientian Enclave | To | Debating the CorpTax Act |
| Message | Mr. Speaker, There is no reason for this, corporate taxation can be handled by local governments if desired. You will find there is greater efficiency in taxation and spending when done locally. - Lyn Kopp Ambassador of the Ataraxian Confederation |
| Date | 13:51:43, November 21, 2017 CET | From | People's Party | To | Debating the CorpTax Act |
| Message | Mr. Speaker, Most of the people of the country think otherwise. |
| Date | 15:12:50, November 21, 2017 CET | From | Hutori Party | To | Debating the CorpTax Act |
| Message | Mr Speaker, We have stated in the past that we would support a corporate tax but this again is just too high. It will drive businesses out of Hutori and do more harm than good to our economy. Jim Houston Leader of the Centrist Party of Hutori MP for Glentingham East |
| Date | 19:04:33, November 21, 2017 CET | From |  Liberal Party of Hutori | To | Debating the CorpTax Act |
| Message | Mr. Speaker Hutori has long had a policy of supporting businesses to empower our powerful Hutorian economy and make it the most competitive environment to do business in not just the northern hemisphere, but indeed throughout all of Terra. This will destroy our competitive edge and reduce our economy all for the sakes of a government cash grab. We must oppose this. Natalie LaChance Royalist Finance Critic MP for Axminister Skyway |
| Date | 08:56:32, November 22, 2017 CET | From | Scientian Enclave | To | Debating the CorpTax Act |
| Message | Mr. Speaker, We concur with the Royalist Party of Hutori, this bill is economically destructive. While we recognize higher government profits allow for greater social spending, we must also recognize that by enforcing this one-size-fits-all federal policy, we will greatly diminish corporate sector trust. I am not just talking about big business, I'm talking about all businesses who will suddenly see a 20% tax on their capital. We will seek in the future to eradicate any federal corporate taxation at the earliest possible opportunity. - Lyn Kopp Ambassador of the Ataraxian Confederation |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 370 | |||||
| no |
Total Seats: 235 | |||||
| abstain | Total Seats: 0 |
| Random fact: Cultural Protocols should generally be reflective of RP conducted within the nation and should not significantly alter or modify the ethnic, religious or linguistic composition without considerable and reasonable role-play or other justification. |
| Random quote: "The experience of ages has shown that a man who works on the land is purer, nobler, higher, and more moral... Agriculture should be at the basis of everything." - Mikuláš Gogolský, former Deltarian writer |