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Bill: Economic Reforms of June 3215
Details
Submitted by[?]: Democratic Socialist 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: February 3216
Description[?]:
| For a better Rutania. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
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:: 4
Current: 26
Proposed: 15
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: Daily working hours are regulated by the government.
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 companies which are not subject to any special regulations.
Current: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
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.
Debate
These messages have been posted to debate on this bill:
| Date | 03:24:30, November 20, 2011 CET | From | Urban Party of Rutania | To | Debating the Economic Reforms of June 3215 |
| Message | Mr. Speaker, The socialists are taking apart this country bit by bit with bills such as these. I hope the Rutanian people make the right choice in 2 years and end this "experiment" with socialism before it destroys this country. Nathan Hammond UPR Congressional Leader |
| Date | 03:28:20, November 20, 2011 CET | From | Democratic Socialist Front | To | Debating the Economic Reforms of June 3215 |
| Message | Mr. Speaker, If you wish to label a 15% company tax rate and sensible government regulation "socialism", good luck to you. Lester Lynch, Democratic Socialist Front Parliamentary leader. |
| Date | 03:32:20, November 20, 2011 CET | From | Urban Party of Rutania | To | Debating the Economic Reforms of June 3215 |
| Message | Mr. Speaker, The current corporation tax rate has been in place for over 2 decades and has led to a prosperous economic environment. An increase in that tax to 15% will destroy our economy and lead to unemployment, but that doesn't worry the socialists who only care about establishing a welfare state while overtaxing this country's middle class. Nathan Hammond UPR Congressional Leader |
| Date | 03:57:09, November 20, 2011 CET | From | Democratic Socialist Front | To | Debating the Economic Reforms of June 3215 |
| Message | Mr. Speaker, Would the Urban Party support any rise in the corporation tax? Lester Lynch, Democratic Socialist Front Parliamentary leader. |
| Date | 04:14:32, November 20, 2011 CET | From | Republican Party | To | Debating the Economic Reforms of June 3215 |
| Message | Mr. Speaker, The proposals in this bill that promote excessive government interventions in our economy is nothing else but socialism. This also applies to the unnecessary proposal of increasing the corporation tax rate. David Reilly, Leader of the Conservative Party. |
| Date | 17:30:15, November 20, 2011 CET | From | Rutanian Elitist Party | To | Debating the Economic Reforms of June 3215 |
| Message | Mr Speaker, The REP strongly agrees with the opinions expressed by our colleagues from the UPR and CP. This aggressive socialist policy is ruining the Commonwealth, and we are seriously contemplating about extreme measures to counter it. Armand Klausenburg, President of the REP |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 190 | ||||||
| no |
Total Seats: 409 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
| Random quote: "To retain respect for sausages and laws, one must not watch them in the making." - Otto von Bismarck |