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Bill: Economics Reform of 3179
Details
Submitted by[?]: Federal Republic Progressionist 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: July 3180
Description[?]:
| This bill will change how the government stands on subsidizing enterprises, tax on luxery goods, and energy regulation. Proposed by Sam Kennedy, ministry of finance. |
Proposals
Article 1
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies which are not subject to any special regulations.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 2
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: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 0
Proposed: 22
Debate
These messages have been posted to debate on this bill:
| Date | 21:44:16, September 08, 2011 CET | From | Federal Republic Progressionist Party | To | Debating the Economics Reform of 3179 |
| Message | This bill will greatly help the economy. -Sam Kennedy, Minister of finance. |
| Date | 22:45:46, September 08, 2011 CET | From | United Liberal Caucus | To | Debating the Economics Reform of 3179 |
| Message | This should be supported by all parties. Energy is extremly important for any nation, and it's price has a profound impact on our economy and should be regulated. Hopefully we can find some common ground on this common sense bill. -Taqwaa Nathifa Cham LUC Trade and Industry Secretary |
| Date | 00:17:30, September 09, 2011 CET | From | Coalition for National Unity [CNU] | To | Debating the Economics Reform of 3179 |
| Message | "Absolutely not. There is no way will this party ever help the Government throw taxpayer's money as anything other than a last-resort for essential industries, help the Government tax MORE when we are so close to recession, or rely on deeper regulation to help industry to flourish. No. No. No." Matheus Kennedy, Unionist Leader. |
| Date | 00:55:40, September 09, 2011 CET | From | Federal Republic Progressionist Party | To | Debating the Economics Reform of 3179 |
| Message | A bankrupt industry will badly damage our economy. It will deprive the taxpayers of jobs. -Sam Kennedy, Ministry of Finance. |
| Date | 01:02:28, September 09, 2011 CET | From | Coalition for National Unity [CNU] | To | Debating the Economics Reform of 3179 |
| Message | "Jobs will mean nothing when you are taxing our middle-classes over half of their income PLUS goods tax." Matheus Kennedy, Unionist Leader. |
| Date | 01:26:33, September 09, 2011 CET | From | Federal Republic Progressionist Party | To | Debating the Economics Reform of 3179 |
| Message | It's luxury goods, which according to the Unionist, only applies to the rich. |
| Date | 04:21:31, September 09, 2011 CET | From | United Liberal Caucus | To | Debating the Economics Reform of 3179 |
| Message | The truth is some industies are simply TOO BIG TO FAIL, they are to intertwined with our economy and have such an outsized effect on jobs in the nation to let fall by the waist side. -Taqwaa Nathifa Cham LUC Trade and Industry Secretary |
| Date | 04:36:03, September 09, 2011 CET | From | Federal Independent Party | To | Debating the Economics Reform of 3179 |
| Message | Why is this government obsessed with tax hikes? Apparently they have little concern for the working class that is tired of seeing its paycheck dwindle for government bent on pushing Solentia into recession. FIP Senator Michael DiSalle |
| Date | 10:03:28, September 09, 2011 CET | From | Democratic Catholic Party | To | Debating the Economics Reform of 3179 |
| Message | We are in a free discussion, so we say: there is no reason to raise taxes, we have already achieved a balanced budget. There is no reason, then, to spend public money to save the citizens of industries that are likely to fail: why a city should pay for the mistakes of individuals? The only item that we can share is art. 1. |
| Date | 14:08:58, September 09, 2011 CET | From | Coalition for National Unity [CNU] | To | Debating the Economics Reform of 3179 |
| Message | "Well at least some of the Government have the sense they were born with, even it is highlights their lack of leadership or collective responsibility. The Trade and Industry Secretary thinks that some industries are "too big to fail" - please reassure the people of Solentia that this is a joke and that you aren't actually *that* incompetant and stupid." Tamasa Bhatti, Unionist Senatorial Lead & Finance Spokesman |
| Date | 23:55:34, September 09, 2011 CET | From | United Liberal Caucus | To | Debating the Economics Reform of 3179 |
| Message | The LUC firmly believes that some industries are to central to our economy to let them fail because of Unionists indecision and lack of economic understanding. The outsized influence that some industries have on our economy are simply too important, and their failure WILL cause not just a recession but a depression. -Taqwaa Nathifa Cham LUC Trade and Industry Secretary |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 212 | |||
| no |
Total Seats: 174 | |||
| abstain | Total Seats: 39 |
| Random fact: Check out the forum regularly for game news. http://forum.particracy.net/ |
| Random quote: "I like to pay taxes. With them I buy civilization." - Oliver Wendell Holmes, Jr. |