We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Economic Reform Act
Details
Submitted by[?]: United Party
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: November 2764
Description[?]:
| It is evident that economic regulations are well overdue. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 35
Current: 1
Proposed: 50
Article 3
Proposal[?] to change The government's policy towards daily working hours.
Old value:: The government has no policy concerning daily working hours.
Current: The government obligates trade unions and employers to negotiate the daily number of working hours.
Proposed: The government obligates trade unions and employers to negotiate the daily number of working hours.
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 5
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 6
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 10
Proposed: 5
Article 7
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government has no stance on a salary cap.
Current: The government enforces a salary cap.
Proposed: Labour unions and organizations of employers negotiate a salary cap.
Article 8
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state subsidizes the phone service of low income families but does not regulate the rates providers can charge for phone service.
Current: Telephone lines are provided free of charge to all citizens.
Proposed: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Article 9
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 412 | ||||
| no |
Total Seats: 278 | ||||
| abstain | Total Seats: 60 |
| Random fact: Make sure your nation casts its nominations in Particracy's very own Security Council elections! For more information, see http://forum.particracy.net/viewtopic.php?f=26&t=8453 |
| Random quote: "Sometimes it is said that man cannot be trusted with the government of himself. Can he, then, be trusted with the government of others?" - Thomas Jefferson |