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Bill: Corporation Reduction Tax- 4435
Details
Submitted by[?]: Lodamese National Democratic 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 4435
Description[?]:
| Mr Speaker, Our theory of lowering the corporation tax to encourage job growth is vital for our economy to thrive, we propose a reduction from 60% to 38%, Marc Hogan Minister of Finance |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 60
Current: 30
Proposed: 38
Debate
These messages have been posted to debate on this bill:
| Date | 14:43:02, August 07, 2018 CET | From | Progressive Socialist Party | To | Debating the Corporation Reduction Tax- 4435 |
| Message | Mr. Speaker, this idea sounds very nice and all, but how is the LNDP funding this tax cut? a small increase in luxury goods will not be enough for such a large deficit. Harry Mardoval PSP spokesperson on finance |
| Date | 17:23:27, August 07, 2018 CET | From | Lodamese National Democratic Party | To | Debating the Corporation Reduction Tax- 4435 |
| Message | Mr. Speaker, We are suprised by Harry's shortened vision as h and his party are used to increasing taxes massively, with the expansions of business and corps we will increase the spending of our great people, we will also directly approach CEOS of corps to discuss increase in salaries and what they expect of us. On orders of the Prime Minister. Marc Hogan Finance Minister |
| Date | 17:24:00, August 07, 2018 CET | From | Lodamese National Democratic Party | To | Debating the Corporation Reduction Tax- 4435 |
| Message | *Not suprised |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 365 | ||||
| no | Total Seats: 173 | ||||
| abstain | Total Seats: 57 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "Socialism failed because it couldn't tell the economic truth; capitalism may fail because it couldn't tell the ecological truth." Lester Brown, Fortune Brainstorm Conference, 2006 |