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Bill: Free Market Reform Act - February 3676
Details
Submitted by[?]: People's Party for Freedom and Democracy
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 3676
Description[?]:
| This bill is intended to get the free market started in Lodamun. Reducing profit and sales taxes will boost consumption and enterprising. Of course, in order to have a free market, we must reduce the influence of the state on the economy, hence article 4 and 6. |
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 Tax percentage of the profit made by corporations.
Old value:: 50
Current: 30
Proposed: 40
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 25
Current: 5
Proposed: 15
Article 4
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 5
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 25
Proposed: 40
Article 6
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government requires most industries to be fully run by Democratic Workers' Councils.
Current: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
| Date | 01:36:42, June 05, 2014 CET | From |  Great National Republican Guard | To | Debating the Free Market Reform Act - February 3676 |
| Message | Mr. Speaker, I will say that I disagree with the direction that the ruling coalition wants to take the economy, but I will admit that the PPFD is doing it in the best and most sensible way possible. -- Kristov DeKarav XII, GNRG Spokesman on Finance |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 321 | ||
| no | Total Seats: 278 | ||
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "A cynic is a man who, when he smells flowers, looks around for a coffin." H. L. Mencken |