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Bill: Economic Deregulation Bill
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: December 2142
Description[?]:
| The Libertarian Party believes this government is too large and too closely involved with the minutae of the running of the country. We propose the following measures to allow those with the expertise to run the business of the nation. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 9
Proposed: 0
Article 2
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 which are not subject to any special regulations.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
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 4
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Current: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Proposed: There is no provision for a minimum wage.
Debate
These messages have been posted to debate on this bill:
| Date | 23:11:19, November 15, 2005 CET | From |  Libertarian Party | To | Debating the Economic Deregulation Bill |
| Message | The Libertarian Party apologises for the complexity of this bill, but we feel all four articles are interconnected in that they all are dergulating issues and that articles 2 - 4 will pay for article 1. Of course, in the (unlikely) event this passes further economic examinations will be needed once the private sector recovers from the years of being abused by governments. |
| Date | 13:44:29, November 16, 2005 CET | From | none | To | Debating the Economic Deregulation Bill |
| Message | Absolutely not! This is against everything that we believe in. |
| Date | 15:15:11, November 16, 2005 CET | From | United Military Party | To | Debating the Economic Deregulation Bill |
| Message | We can agree with Article III, however, minimum wage needs to be provided, so we can't support. |
| Date | 16:20:57, November 16, 2005 CET | From | Peoples Revolutionary Party | To | Debating the Economic Deregulation Bill |
| Message | Cant support this Bill. Willing to negotiate on it though. |
| Date | 22:02:14, November 16, 2005 CET | From | Libertarian Party | To | Debating the Economic Deregulation Bill |
| Message | In a modern, forward looking nation is should be recognised that business is the lifeblood of the nation, it is business NOT government that provides employment and hence finances for everything we do. Corporation tax is a disincentive to businesses who will merely set up elsewhere, where the financial environment is more suitable to international trade. It has been proven throughout history that any industry that is run by government is inefficient and wastes money. government really has no place being in industry and where it is in place is almost always in a postition of unfair monopolisitic non-competition, which in itself leads to further inefficiencies. Allow those who have expertise in their fields run the businesses that will allow our nations industries to prosper, increasing employment and wealth to the nation as a whole. |
| Date | 22:05:05, November 16, 2005 CET | From | Libertarian Party | To | Debating the Economic Deregulation Bill |
| Message | As to minimum wages that is a superfluous regulation. If industries are allowed to set up in competition, then the best companies will require the best people, the only way to attract such people is to pay them more, or give them better conditions than your competitors. Therefore, the only place imimum wages are required in in monopolistic practices such as nationalised industries. |
| Date | 05:26:42, November 17, 2005 CET | From | Peoples Revolutionary Party | To | Debating the Economic Deregulation Bill |
| Message | Ok, im only going to be mean once here, WHAT FANTASY WORLD DO YOU LIVE IN???? I mean seriously...companies dont care what they pay workers. As far as there concerned its a visious circle, people want goods, therefore people will produce goods, people want to buy goods so they need money, and they will work 100 hours a week if need be to buy these goods. They want cheap labor so they can make all the money for themselves... In the end Corporations are no better then a style of government, weither you call it Corporate Democracy or a Corporate Fascist State it will end in the same way. |
| Date | 21:29:14, November 17, 2005 CET | From | Libertarian Party | To | Debating the Economic Deregulation Bill |
| Message | Shout as much as you like, but it is a proven fact that those companies that look after their workforce, get better results. Looking after your workforce means, (amongs many other things), paying them a salary comensurate with their abilities and value to your company. If you do not they will go and work elsewhere (as long as competition is allowed), and all the money you have spent on training them is wasted. Treating your workforce poorly and paying them subsistence wages has been proven to be a very shortsighted policy, that in the end leads to the downfall of any company. Real business leaders are aware of this and have been at the forefront of the modern people centric businesses. Your workforce commonly is responsible for up to 70% of your costs, it makes sense to look after them. |
| Date | 01:04:15, November 18, 2005 CET | From | Democratic-Republican Party | To | Debating the Economic Deregulation Bill |
| Message | First, this is far too broad reaching for a single bill. We could agree to some of the things you have said, but not all at once for a total change for everything. Second, THERE MUST BE A MINIMUM WAGE OR ELSE WE ARE AGAINST IT Taxes must continue for government to continue. Without government, there is anarchy. Ideally, no government would be needed. Unfortunately, we do not live in an ideal world. |
| Date | 05:12:24, November 18, 2005 CET | From | Peoples Revolutionary Party | To | Debating the Economic Deregulation Bill |
| Message | Agreed. |
| Date | 16:48:30, November 18, 2005 CET | From | Libertarian Party | To | Debating the Economic Deregulation Bill |
| Message | Taxes are state spnosored theft! Period. Every penny you steal is a penny taken out of the pocket of those who work to earn it. What government that is essential, i.e. Military and Police, can be financed from a (very) small import levy. If business is not taxed it makes a larger profit, the people who own it are happy and reinvest. They employ more people and pay them better (to retain their services or they go work elsewhere), so the people are happy, the people use their increased earnings to set themselves up in busniess, they are happy. The money you earn you invest and / or save on insurance etc to look after your old age and pay medical bills. Government ministers are unpaid but allowed to have outside interests government becomes free. All of a sudden you have zero tax and an econommy that is working. That my friends in a VERY shortened version is Libertarianism. |
| Date | 19:40:51, November 18, 2005 CET | From | Peoples Revolutionary Party | To | Debating the Economic Deregulation Bill |
| Message | And why it doesnt work is simple...you cant trust people out for just profit to be kind to others. However a government that is FOR the PEOPLE gurantee that they can live. |
| Date | 21:31:11, November 19, 2005 CET | From | Libertarian Party | To | Debating the Economic Deregulation Bill |
| Message | That is rich! A Communist admitting that you cannot trust the people. I always thought that was the very centre of the ideal required for Communism to work. Or is the Peoples Communist Party admitting that Communism can only work when the people are forced down that path at the barrrel of a gun? |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 0 | ||||||
| no |
Total Seats: 249 | ||||||
| abstain | Total Seats: 0 |
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