LGC 12.7 - Closing Corporate Loopholes - Statute
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  LGC 12.7 - Closing Corporate Loopholes - Statute
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Author Topic: LGC 12.7 - Closing Corporate Loopholes - Statute  (Read 205 times)
Attorney General, LGC Speaker, and Former PPT Dwarven Dragon
Dwarven Dragon
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« on: March 04, 2023, 04:50:34 PM »
« edited: March 09, 2023, 05:16:51 PM by Lincoln Speaker & Acting Governor Dwarven Dragon »

Quote
Closing corporate loopholes bill:

1. This bill will be cited as the Closing corporate loophole bill

2. For far too long large  corporations and those who run them have paid less in income taxes than our hardworking nurses. I wish to put an end to this and make sure that they pay their fair share. This will include the following:
A. Banning corporations and wealthy citizens (defined as those who make $>250,000) from having offshore bank accounts
B. Requiring that any income in these accounts are reported to the Lincoln governor’s office
C. Ensuring that loans are paid on time and not written off.

3. This bill will take place effective immediately


Sponsor: Christian Man
Occupying: Slot 1 of 10

Sponsor, please advocate for your bill.
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Vice President Christian Man
Christian Man
Junior Chimp
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« Reply #1 on: March 04, 2023, 05:10:13 PM »

Thank you Speaker Dwarven,

For far too long corporations and in particular mega and multinational ones have failed to pay their fair share. Instead we have seen the burden of taxation fall onto our poor and working class, groups who have been the dominant target of tax evasion operations. This will equal the paying field and close many of the loopholes that corporations use to avoid paying their fair share.
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Attorney General, LGC Speaker, and Former PPT Dwarven Dragon
Dwarven Dragon
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« Reply #2 on: March 07, 2023, 08:20:41 PM »

Motion for a final vote
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Attorney General, LGC Speaker, and Former PPT Dwarven Dragon
Dwarven Dragon
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Posts: 31,580
United States


Political Matrix
E: -1.42, S: -0.52

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« Reply #3 on: March 09, 2023, 02:37:16 PM »

A vote on this bill is beginning.
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GM Team Member and Senator WB
weatherboy1102
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« Reply #4 on: March 09, 2023, 03:15:30 PM »

Aye, though admittedly I think this could've been written better
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ZMUN M441
Adowemiti
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« Reply #5 on: March 09, 2023, 04:18:40 PM »

Aye
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Vice President Christian Man
Christian Man
Junior Chimp
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Posts: 7,352
United States


Political Matrix
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« Reply #6 on: March 09, 2023, 04:56:47 PM »

Aye, I admit I’m not the best at bill writing lol
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Attorney General, LGC Speaker, and Former PPT Dwarven Dragon
Dwarven Dragon
Atlas Politician
Atlas Superstar
*****
Posts: 31,580
United States


Political Matrix
E: -1.42, S: -0.52

P P P

Show only this user's posts in this thread
« Reply #7 on: March 09, 2023, 05:16:40 PM »

Passes 3-0

X Dwarven Dragon
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