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Bill: Economy Act
Details
Submitted by[?]: Malfico Progressive Fascist 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: October 2144
Description[?]:
| To rebalance the economy |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 12.5
Current: 25
Proposed: 3
Article 2
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 need to obtain government approval for all investments in national companies.
Proposed: Local governments regulate foreign investments.
Debate
These messages have been posted to debate on this bill:
| Date | 15:01:08, November 20, 2005 CET | From |  Secular Humanist Party | To | Debating the Economy Act |
| Message | I think we should greatly increase public fundings, not lower taxes. |
| Date | 15:32:56, November 20, 2005 CET | From | Kanjoran Socialist Party | To | Debating the Economy Act |
| Message | That is what we were thinking too. We were in a deficit and now you want to lower taxes? How is that going to help? Also, to protect us from the globalization of this worlds economy, We think we need some protectionist measures. |
| Date | 13:24:09, November 21, 2005 CET | From | Malfico Progressive Fascist Party | To | Debating the Economy Act |
| Message | Our party objects to protectionism as a rule. In addition we are in surplus. We desire to slash public spending over time. |
| Date | 20:36:50, November 21, 2005 CET | From | Kanjoran Socialist Party | To | Debating the Economy Act |
| Message | Yes we are in a surplus now but not in the past, cutting taxes will only serve to put us into another deficit. Instead we should increase government spending as to use it to its full potential. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 276 | |||
| no |
Total Seats: 219 | |||
| abstain |
Total Seats: 104 |
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| Random quote: "The belief in the possibility of a short decisive war appears to be one of the most ancient and dangerous of human illusions." - Robert Lynd |