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Bill: Libertarian Party economic reform.
Details
Submitted by[?]: Libertarian Party
Status[?]: defeated
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: January 2462
Description[?]:
| Lets see if people would vote for this :) Now this would be a beneficial law change for our economy. If you vote no please state your reasons as well :) |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 2
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is allowed, but with additional regulations to those of adult labourers.
Proposed: Child labour is allowed and it is subjected to the same regulations as adult labour.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 30
Proposed: 0
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 5
Proposal[?] to change The government's policy towards fireworks.
Old value:: Local governments determine fireworks laws.
Current: Professionals may run licensed fireworks shows, small fireworks are legal to the general public.
Proposed: The sale of fireworks is unregulated, anyone may buy them.
Article 6
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers cannot fire workers who have gone on strike.
Current: Employers cannot fire workers who have gone on strike.
Proposed: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Article 7
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may freely invest in national companies.
Article 8
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 9
Proposal[?] to change Sales tax on luxury goods.
Old value:: 3
Current: 50
Proposed: 0
Article 10
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: The government requires most industries to be fully run by Democratic Workers' Councils.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
| Date | 10:47:49, September 26, 2007 CET | From | Emblem Party | To | Debating the Libertarian Party economic reform. |
| Message | A reason? You want a reason? This is barbaric. No reason needs to be stated if its this obvious. |
| Date | 10:56:09, September 26, 2007 CET | From | Libertarian Party | To | Debating the Libertarian Party economic reform. |
| Message | I view barbaric the current system where government bureaucrats regulate something they can not understand. Also such free market would provide the fastest growth of wealth which would benefit all |
| Date | 13:09:24, September 26, 2007 CET | From | Libertarian Party | To | Debating the Libertarian Party economic reform. |
| Message | Article 10 - I see no reason why unions should have a say how a company is run. There are no successful examples of this in real life. And secondly unions which are successor of guilds have forgotten their most important job. To train their workers, to ensure quality. Now days they only demand money. Article 9 - Since luxury goods become common goods over time depending on the investment they get I propose abolishing the tax. IIt will speed up the process which has been artificially made slower by such tax. Just think if the poor of our country could not afford a refrigerator which was once a luxury item. Also tax that is only targeted to one fraction of the society is unethical. Article 8 - Nationalization of the industry is never a good idea. It creates corruption and poor investments. Article 7 - Increased investment will lead to more jobs, higher efficiency and higher GDP. Article 6 - There has to be a good reason for striking. On the same principle just think of an employer who decided to not pay his/her workers just because he feels like it. If one can't do it why should the other be allowed? Article 5 - Fireworks are not harmful if properly handled and you do not have to be a professionals for that. Parents just need to teach their kids how to manage such things. Article 4 - If we look at efficiency statistics we see far higher efficiency on private side. Also less black outs! Article 3 - I see no reason to tax corporation profits since we already have an income tax. Why should the same money be taxed twice? Corporations can either invest it which will lead to higher productivity ,more jobs and increased dividends in the future or they can pay it out in which case the income tax kicks in. Article 2 - 20 century is the century of government banks and hyperinflation. Every time we allow government to create money out of thin air we are destroying our economy! Show me an example of private banking and monetary regulation causing hyperinflation. There are at least dozens if not hundreds of examples of government policy's creating hyperinflation during the 20 century. Article 1 - Kids should be allowed to work if they choose to! Great way to learn where money actually comes from, therefore the value of money. Also kids who do not do well in school can get a job and on job training and start their career. |
| Date | 13:33:24, September 26, 2007 CET | From | Libertarian Party | To | Debating the Libertarian Party economic reform. |
| Message | Amuro 6.38% Kemoku 7.45% Somasi 8.13% Hikirena 8.27% Polran 9.82% Here are the unemployment numbers. Our economy needs serious fixing! |
| Date | 13:51:31, September 26, 2007 CET | From | EVIL party | To | Debating the Libertarian Party economic reform. |
| Message | A 10 point plan? Not even the Suicidal Lung Fish Dancers Party is this stupid. Sure we agree that children need to be forced into labor camps (most of them smell of wee anyways), but privatize our BANKS? The big shiny buildings where all the money is kept? Give it away? Thats...sick! No Tax on luxury items? What manner of madness is this, if anything we should increase it, fat lazy bastards who spend all day eating corn chips need to have decent hard working money taken away from them. This country needs to keep its assets away from simpletons with degrees in economics. Only the government has the right or the responsibility to keep everything running. |
| Date | 14:06:38, September 26, 2007 CET | From | Libertarian Party | To | Debating the Libertarian Party economic reform. |
| Message | Well I have proposed 1 point plans as well. Evil party have you studied what fractional banking combined with central banks do to an economy? You should really read up. Also privatizing is not giving away property. On luxury tax do you disagree with my argument or want to tax it on principle with no regards to economics? |
| Date | 05:00:10, September 27, 2007 CET | From | Pantheism Capitalistic Party UCF | To | Debating the Libertarian Party economic reform. |
| Message | We support with articule one, six, seven and ten. We are neutral on articles three ( we feel it is too drastic of a step but we support lowering it to about 5%), article five, article nine (we feel that is should be lowered to 1% to simply show their is a difference between common goods and luxury goods. It also provides government will an incentive to acutally have people buy things.) All the other steps we are opposed to. Government needs a presence in the economy. It needs to be able to take step to avoid recessions that an otherwise free market won't do. It will also prevent economic monopolies by third parties. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 155 | |||||
| no |
Total Seats: 401 | |||||
| abstain | Total Seats: 94 |
| Random fact: Particracy has 464 player slots. |
| Random quote: "The superior man is distressed by the limitations of his ability; he is not distressed by the fact that men do not recognize the ability that he has." - Confucius |