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Bill: Economic Reform Act
Details
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: August 3878
Description[?]:
To reform economic policy, in order to stimulate commerce and trade. His Excellency Christoffer Mareld, Minister of Trade & Industry |
Proposals
Article 1
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: 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:: 75
Current: 25
Proposed: 40
Article 3
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 invest in national companies, but may not get a majority share.
Proposed: Foreign investors may freely invest in national companies.
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 5
Proposal[?] to change Government policy towards labor unions.
Old value:: Trade unions may exist and all workers must have membership in one.
Current: Trade unions may exist and worker membership is voluntary.
Proposed: Trade unions may exist and worker membership is voluntary.
Article 6
Proposal[?] to change The government's policy concerning the post office
Old value:: There is a nationalised post office agency in the nation. Private ones are banned.
Current: There is a nationalised post office agency. Private post offices are allowed to exist but the services provided by them are regulated.
Proposed: There is a nationalised post office. Private post office agencies are allowed to exist, and the services provided by them are not regulated.
Article 7
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: The government owns the stock exchange(s).
Current: Stock exchanges are allowed and are unregulated.
Proposed: Stock exchanges are allowed but are regulated.
Article 8
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government requires all businesses to be run by Democratic Workers' Councils.
Current: The government requires most industries to be fully run by Democratic Workers' Councils.
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:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 139 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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Random quote: "An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living." - Nicholas Chamfort |