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Bill: Laissez Fair Act
Details
Submitted by[?]: People's Progressive 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: December 3538
Description[?]:
| The best way to increase economic performance is to allow for more freedom in the market place. Businesses, capital, and the authority to make economic decisions should be placed back into the hands of the people so that the invisible hand of the market can go back to work. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: All advertising is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 21
Current: 25
Proposed: 15
Article 4
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 5
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Debate
These messages have been posted to debate on this bill:
| Date | 20:24:19, August 29, 2013 CET | From | ConNaP | To | Debating the Laissez Fair Act |
| Message | The ConNaP supports your vision but we think their must be more regulation. We can now only support article 2. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 316 | ||||
| no |
Total Seats: 299 | ||||
| abstain | Total Seats: 0 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "Capitalism and communism stand at opposite poles. Their essential difference is this: the communist, seeing the rich man and his fine home, says: 'No man should have so much.' The capitalist, seeing the same thing, says: 'All men should have as much.'" - Phelps Adams |