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Bill: Bill R-2 An Act to Decrease the Corporate Tax
Details
Submitted by[?]: Hutori 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 4394
Description[?]:
| This bill will cut the corporate tax rate from 18% to 16%. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 18
Current: 9
Proposed: 16
Debate
These messages have been posted to debate on this bill:
| Date | 04:29:34, May 16, 2018 CET | From |  Hutori Party | To | Debating the Bill R-2 An Act to Decrease the Corporate Tax |
| Message | Mr Speaker, A 2% cut to the corporate tax will allow business owners to keep more money, which they can put back into growing their business and create more jobs. By our estimates, this will cost Hutori about 2 billion lira in tax revenue, which is more than affordable, as we will have a surplus of 26 billion Lira following the passage of our income tax bill. We hope that our coalition partners are satisfied with this change, and we also hope that our collegues on the other side of this house can support this change as well. It is time to tell the world that Hutori is once again open for business. Brett Martin MP for Wrightstown Minister of Finance |
| Date | 00:18:57, May 17, 2018 CET | From | Ultrackian Communist Party | To | Debating the Bill R-2 An Act to Decrease the Corporate Tax |
| Message | Mr speaker The minister of finance knows just as well as I that that money will not go towered knew jobs. I must vote no |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 325 | ||||||
| no | Total Seats: 80 | ||||||
| abstain |
Total Seats: 0 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: “Where would the weapons and equipment come from once you've banned the defence industry? Will we be defended by all your hippy people hurling potatoes and cabbages?” - Margaret Woodhall, former Dranian politician |