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Bill: Business İncentive Bill
Details
Submitted by[?]: Liberal Democratic Party (LDP)
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: October 4516
Description[?]:
| The Corporation Tax makes for just 3 billion of our budget which barely even puts a dent in our 300 billion surplus,which means we are pulling down corporations from investing and openning new businesses which is quite necessary especially in this time of privatisation of industries,with barely anything to show for it 3 billion is not worth the trouble Therefore the Liberal Democratic Party proposes to scrap the Corporation Tax alltogether on the endorsement of the finance minister! |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 1
Proposed: 0
Debate
These messages have been posted to debate on this bill:
| Date | 13:13:18, January 15, 2019 CET | From | Liberal Democratic Party (LDP) | To | Debating the Business İncentive Bill |
| Message | We shall leave this bill to debate in the hopes of recieving confirmation of support by atleast two or three parties |
| Date | 13:30:38, January 15, 2019 CET | From | National Conservative Party | To | Debating the Business İncentive Bill |
| Message | We'd support cutting any unnecessary taxes, though we'd rather have it cut from the people rather than corporations. We'll support since this doesn't even dent the national surplus. |
| Date | 14:16:49, January 15, 2019 CET | From | Liberal Democratic Party (LDP) | To | Debating the Business İncentive Bill |
| Message | We would like to assure the NCP,We support all sorts of reduction in taxes and we still support removing the 1<Bracket all together because it aswell would simply be giving back from the surplus to the people but the Finance Ministry is on the SPoK so they are the ones to refer on this issue |
| Date | 17:09:57, January 15, 2019 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Business İncentive Bill |
| Message | We would oppose cutting the corporate tax, but token contribution of the lowest tax brackets is key to undermining the arguments of those who oppose social spending on the grounds that the beneficiaries contribute nothing to the system. We know that innnewly capitalist Kalistan, there is a growing sense of class resentment, as exists in all capitalist systems, and to decrease this, we do not support anything that will give anti-social spending advocates ammunition to help them wage their war on the poor. The corporate tax is, however, a sales tax by another name. So, if this cut allows us to remain within surplus, the Finance Minister will endorse this bill happily and the Sp will commit to voting for it. We will have to do some calculations, however and will return to this in a short time. |
| Date | 17:10:51, January 15, 2019 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Business İncentive Bill |
| Message | Correction (OOC, typing on the phone, excuse me...) We would NOT oppose cutting corporate taxes. |
| Date | 17:10:51, January 15, 2019 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Business İncentive Bill |
| Message | Correction (OOC, typing on the phone, excuse me...) We would NOT oppose cutting corporate taxes. |
| Date | 17:15:46, January 15, 2019 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Business İncentive Bill |
| Message | We would also like to correct the statement of the authors: corporate taxes do not affect willingness to invest. Corporate taxes are simply passed on to consumers. If they see a profit to be made, they will always make their profit margin, whatever the corporate taxes are. This is because capital gains are not taxed (which would actually hit investment profits and decrease the willingness to invest) and there is no price cap, which you’ll mean that corporate taxes would have to come out of profit margins, but could not be transferred to the consumer. We would appreciate truth in advertising. If the authors want a decrease in corporate tax, fine. But please don’t sell it as somehow bad for business to have one. When the truth is that it is really bad for the consumers, and equals a back donor sales tax. |
| Date | 17:17:54, January 15, 2019 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Business İncentive Bill |
| Message | After studying the matter, we call upon the authors to amend this bill to abolish the corporate tax. It represents just over a tenth of our surplus and is completely unnecessary. |
| Date | 17:19:15, January 15, 2019 CET | From | Liberal Democratic Party (LDP) | To | Debating the Business İncentive Bill |
| Message | We would be incredibly happy and willing to do so ! |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 208 | ||||
| no | Total Seats: 42 | ||||
| abstain | Total Seats: 0 |
| Random fact: Players who consent to a particular role-play by acknowledging it in their own role-play cannot then disown it or withdraw their consent from it. For example, if player A role-plays the assassination of player B's character, and player B then acknowledges the assassination in a news post, but then backtracks and insists the assassination did not happen, then he will be required under the rules to accept the validity of the assassination role-play. |
| Random quote: "The word 'politics' is derived from the word 'poly', meaning 'many', and the word 'ticks', meaning 'blood sucking parasites.'" - Larry Hardiman |