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Bill: Economy Motivation Act of 2357
Details
Submitted by[?]: Democratic Party of Dorvik
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 2358
Description[?]:
| Due to earlier legislation proposals concerning striking rights and the need of keeping our economy rolling, we feel that the enterprise taxation must be lowered from 20% to 18% so that the confidence of businesses on Dorvik can be maintained, brain drain & tax frauds reduced, tax competition contained and especially, more jobs created. The cut would cost only 1,2 billion dolgar which the current budget can easily bear. The government shouldn't subsidy research & development of drugs nor regulate the prices as it skews up the competition between enterprises and creates unnecessary bureaucracy: consumer choices and offer & demand takes care of reasonable drug prices. These same points apply to phone services as well. * Walther Clark, Senator and Vice chairman of the Senate Finance Committee |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 10
Proposed: 18
Article 2
Proposal[?] to change The research and development of pharmaceutical drugs.
Old value:: The government subsidizes research and development of prescription drugs and regulates their prices.
Current: The government subsidizes research and development of prescription drugs and regulates their prices.
Proposed: The government neither subsidizes research and development of drugs nor regulates their prices.
Article 3
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: There are no regulations on phone service.
Proposed: There are no regulations on phone service.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 181 | ||||
| no | Total Seats: 118 | ||||
| abstain | Total Seats: 0 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "Those who are responsible for the national security must be the sole judges of what the national security requires. It would be obviously undesirable that such matters should be made the subject of evidence in a court of law or otherwise discussed in public." - Unattributed member of the the House of Lords on the removal of trade union rights |