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Bill: Nationalization Bill

Details

Submitted by[?]: Secularist, Socialist Party of Baltusia

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: July 4207

Description[?]:

Nationalization is essential for six reasons:
1. Gives employees a say over how they want to be treated (if they don't like how they are being treated then they can vote them out).
2. Government can put the interests of workers first as apposed to corporations which by definition must put making a profit first.
3. Government can make long-term investment to improve services over time, whereas companies only care up to the next quarter.
4. Creates a government run monopoly which can effectively drive down prices, as opposed to natural monopolies which cannot.
5. Government-run companies can care about negative externalities (pollution etc.).
6. Guarantees everyone can have access to basic things.

This Nationalization will be payed for by increasing corporation tax to 40%.

This Bill will be opened up to after all parties have had an opportunity to share any criticism. This is because debate and compromise is the essence of a healthy democracy.

Proposals

Debate

These messages have been posted to debate on this bill:

Date17:30:31, May 05, 2017 CET
FromUnited Democratic Party - Syndicalists
ToDebating the Nationalization Bill
MessageI disagree with 8, 10, 11, and 12

Date17:38:31, May 05, 2017 CET
FromSecularist, Socialist Party of Baltusia
ToDebating the Nationalization Bill
MessageGiven the current economic climate I have removed articles 11 and 12.

Date18:20:55, May 05, 2017 CET
FromPatriotic Party of Baltusia
ToDebating the Nationalization Bill
MessageGiven the current economic climate you should remove yourself from politics - this is a bloody disaster!

Alexandra Flanders
Majority Speaker of the House

Date18:22:19, May 05, 2017 CET
FromBaltusian International Democratic Party
ToDebating the Nationalization Bill
MessageMembers of Congress,

Does the SSPB actually realise that raising corporation tax to 40% will drive businesses out of this nation?

Jamie Kerr
Business Spokesperson, Baltusian Republican Party

Date19:09:57, May 05, 2017 CET
FromBaltusian People's Party
ToDebating the Nationalization Bill
MessageI agree with some, but I think some proposals are going too far, especially in the current economic climate.

Date19:31:28, May 05, 2017 CET
FromSecularist, Socialist Party of Baltusia
ToDebating the Nationalization Bill
MessageThere are currently nine countries who have their corporation tax at least at 40% and whilst those with extremely high corporation tax higher do tend to have a lower profit before-tax for corporations (amount of money they make - indicates how successful they are), out of the two countries with corporation tax of 40% however one has a higher before-tax profit for corporations to us (by 766,082,690) and the other has a slightly lower before-tax profit for corporations (by 265,099,550). This makes it clear that having a tax on corporations of 40% is not likely to have lasting damage to our countries businesses. For reference I have included below a list of the 9 countries with corporation tax higher than or equal to 40%, their rate of corporation tax and the collective before-tax profit of all their companies combined, I have also included us:

Baltusia - 28% - 132,045,317,200

al-Ittihad al-Badara (Union of Badara) - 40% - 208,653,586,200
Brmenistan'ın Sonsuz Sultanlığı (Eternal Sultanate of Barmenia) - 40% - 105,535,362,200
Pādshāhi-ye Amjad-e Aldegār - 42% - 15,712,922,150
2nd Great Democratic Republic of Lodamun - 45% - 11,766,280,980
República de Egelion - 45% - 31,595,208,930
Unholy Davostag Empire - 50% - 643,834,282,300
Republic of Talmoria - 50% - 3,275,620
O Regnum de Klavia Okeanó (The Kingdom of Klavia Okeanó) (Keymon) - 55% - 1,093,818,120
République Populaire de Kanjor - 89% - 14,099,275,970

Date19:46:36, May 05, 2017 CET
FromBaltusian International Democratic Party
ToDebating the Nationalization Bill
Messageooc: Note that the economic system in Particracy is technically incomplete and we shouldn't consider it working.

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Voting

Vote Seats
yes
   

Total Seats: 179

no
    

Total Seats: 400

abstain
 

Total Seats: 121


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