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Bill: Economic Freedom Bill of 2401
Details
Submitted by[?]: The Liberty Organization
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: March 2402
Description[?]:
| "Corporations in the Grand Duchy of Keymon have long suffered a repressive economic environment. The Liberty Organization's Economic Freedom Bill will reduce the interference the government has imposed on commerce on the island and allow for greater economic prosperity. Corporate tax receipts currently make up a small percentage of the government's revenue. The rate of taxation is set too high, this rate should be lowered to encourage more corporations to take root on our great island. The limitations on companies ability to fire workers who go on strike is a terrible risk business owners must face. The legal system in Keymon is strong and should allow for baseless firings to have justice served. Finally the permission of foreign investment will allow the world to share in and strengthen the entrepreneurial spirit of our people." Timothy Reed, The Liberty Organization Candidate for Minister of Finance |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 24
Current: 15
Proposed: 18
Article 2
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Government approval is needed before strikers can be fired.
Current: Employers cannot fire workers who have gone on strike.
Proposed: Employers are free to fire workers who go on strike.
Article 3
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 127 | ||||
| no |
Total Seats: 0 | ||||
| abstain |
Total Seats: 0 |
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