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Bill: Economic Freedoms Act, 2810
Details
Submitted by[?]: Imperial Patriotic Front
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: July 2811
Description[?]:
To reverse the tide of socialistic tyranny that has befallen our economic system |
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: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 12
Proposed: 10
Article 3
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 4
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 5
Proposal[?] to change The government's stance on a salary cap.
Old value:: There is a national maximum wage but local governments may enforce stricter salary caps.
Current: Labour unions and organizations of employers negotiate a salary cap.
Proposed: The government has no stance on a salary cap.
Article 6
Proposal[?] to change The government's policy concerning phone services.
Old value:: Telephone lines are provided free of charge to all citizens.
Current: There are no regulations on phone service.
Proposed: The state regulates the rates providers can charge for phone service.
Debate
These messages have been posted to debate on this bill:
Date | 07:13:50, August 31, 2009 CET | From | Kalopian Social Democrats | To | Debating the Economic Freedoms Act, 2810 |
Message | ...and to be replaced by the IPF's tide capitalistic tyranny? Every tide eventually recedes. |
Date | 06:11:31, September 01, 2009 CET | From | Imperial Patriotic Front | To | Debating the Economic Freedoms Act, 2810 |
Message | Economic freedom is not tyranny |
Date | 07:59:37, September 01, 2009 CET | From | Kalopian Social Democrats | To | Debating the Economic Freedoms Act, 2810 |
Message | Our definitions of freedom may differ slightly. It is our party's question to the IPF that at what cost will this nation be transformed into a superpower? Because the KWP is here to protect the interests of all hard working Kalopians, and this kind of legislation will hurt them the most. |
Date | 08:42:03, September 01, 2009 CET | From | Imperial Patriotic Front | To | Debating the Economic Freedoms Act, 2810 |
Message | There is no price to high to pay for the glory of the Autokrator |
Date | 08:43:35, September 01, 2009 CET | From | Imperial Patriotic Front | To | Debating the Economic Freedoms Act, 2810 |
Message | *Too high |
Date | 09:06:02, September 01, 2009 CET | From | Agrarian Republic Party | To | Debating the Economic Freedoms Act, 2810 |
Message | The ARP will not be supporting this bill in it's current status. Predominately we consider that the IPF's move to lower the tax on companies from 40% to 10% will lead to a huge short fall in government revenue in the coming years. |
Date | 09:06:27, September 01, 2009 CET | From | Agrarian Republic Party | To | Debating the Economic Freedoms Act, 2810 |
Message | The ARP will not be supporting this bill in it's current status. Predominately we consider that the IPF's move to lower the tax on companies from 40% to 10% will lead to a huge short fall in government revenue in the coming years. |
Date | 11:30:13, September 01, 2009 CET | From | Imperial Patriotic Front | To | Debating the Economic Freedoms Act, 2810 |
Message | Would the ARP support a bill containing all of these proposals except Article 2? |
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Voting
Vote | Seats | ||
yes |
Total Seats: 189 | ||
no | Total Seats: 201 | ||
abstain | Total Seats: 110 |
Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
Random quote: "Catch a man a fish, and you can sell it to him. Teach a man to fish, and you ruin a wonderful business opportunity." - Karl Marx |