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Bill: Reduction in VAT and Corporation Tax
Details
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: June 4446
Description[?]:
| In order to stimulate consumer spending and investment, the Ministry of Finance proposes a 13% reduction in the VAT added to essential items and a 33% reduction in corporation tax. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 30
Proposed: 10
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 15
Current: 0
Proposed: 13
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 550 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "The more you observe politics, the more you've got to admit that each party is worse than the other." - Will Rogers |