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Bill: Economics and Taxation Reform Act
Details
Submitted by[?]: Democratic Action 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: June 3389
Description[?]:
Tax cut, huzzah! |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 18
Current: 0
Proposed: 15
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
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 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 7
Current: 0
Proposed: 5
Article 4
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Government approval is needed before strikers can be fired.
Current: Employers cannot fire workers who have gone on strike.
Proposed: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
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: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 6
Proposal[?] to change Sales tax on luxury goods.
Old value:: 42
Current: 0
Proposed: 25
Article 7
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: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 0 | |
abstain | Total Seats: 100 |
Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
Random quote: "Power always has to be kept in check; power exercised in secret, especially under the cloak of national security, is doubly dangerous." - William Proxmire |