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Bill: Economic Growth Incentive Omnibus 4141
Details
Submitted by[?]: Partia Hosanski-Demokratyczna
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: July 4142
Description[?]:
Mr. Speaker, The Radical Party recently passed a bill that has devastated the economy. They banned all foreign investment and raised taxes making many corporations leave to other countries. We must reverse this and save the economy before any more damage is done. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: All banks are privately owned.
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:: 50
Current: 15
Proposed: 0
Article 3
Proposal[?] to change The nation's defence industry.
Old value:: The state owns all defence industries.
Current: The state owns national defence industries but these exist alongside privately owned defence industries.
Proposed: Defence industries are privately owned but subsidised by the state.
Article 4
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is fixed by the government.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 5
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors are not allowed to invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 6
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 50
Proposed: 0
Article 7
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: There is no policy on monopolies, they are unregulated.
Article 8
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: The state regulates the rates providers can charge for phone service.
Proposed: There are no regulations on phone service.
Article 9
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 but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
Date | 21:56:32, December 26, 2016 CET | From | Kapitalistyczna Partia Hobrazia | To | Debating the Economic Growth Incentive Omnibus 4141 |
Message | We strongly support this bill and urge the HDP to bring it to a vote as soon as possible in order that these sensible proposals can be implemented before the damage to the economy becomes irreversible. |
Date | 22:20:25, December 26, 2016 CET | From | Economic Freedom Fighters | To | Debating the Economic Growth Incentive Omnibus 4141 |
Message | The Economic Freedom Fighters will not support this. We urge the HDP to reconsider this Bill and not be viewed on the wrong side of history. Reality is that if we take a look at our economy, our economy is strong and much more sustainable with its current policies. |
Date | 01:14:47, December 27, 2016 CET | From | Radical party | To | Debating the Economic Growth Incentive Omnibus 4141 |
Message | The recent bill of the radical party, will strenghten hobrazia, will strenghten up the people instead of the riches and multinationals! |
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Voting
Vote | Seats | |||
yes | Total Seats: 63 | |||
no | Total Seats: 44 | |||
abstain | Total Seats: 23 |
Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
Random quote: "If men want to oppose war, it is statism that they must oppose." - Ayn Rand |