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Bill: Economic Reforms to Counter the Crisis SSD-001 ERCC
Details
Submitted by[?]: Fatherland Front
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 4213
Description[?]:
The nation ~ Our nation,Our dear Malivia faces a most terrible foe. Economic collapse. We must make certain that its survival is not in question and rise us a phoenix taking our place in the world as the nation that we were meant to be.Us such the Imperial Banner Front proposes the following reforms. 1. All energy companies to be nationalized and be standardized as to give citizens cheap power. 2. Telephone lines are to be provided free of charge to all citizens. 3. The production of industrial hemp used in production of paper, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed be resumed in regulated agribusinesses. 4. The creation of a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker. Subsidized by the government if necessary to increase the flow of money in the market. 5. The creation of national hiring policy where the government encourages positive discrimination and enforces it for government hiring. 6. Lower the company tax to a more appealing 20%. 7. Increase the Sales tax to 12% while keeping the 8% for a reduced service and tourism sales tax rate. 8. Regulate and taxing gambling. 9. Monopolies will be broken down to create investment opportunities. (WARNING RP POLICIES AHEAD) The FF also proposes that at least for the foreseeable future we overhaul our entire economy to a State Capitalist model as the invisible hand of the market has failed us its time for the visible one to throw its gantlet into the ring. The law will sanction the government to take on as much debt as it can even if it goes on a deficit to inject a huge stimulus in the economy. On passing this law the state will: 1. Begin a 5 year plan of Infrastructure projects to modernize Malivia including but not limited to (Expansion of the biggest airport in the country,expansion of the biggest marine trade hub harbor and expansion and maintenance of the roads and railways.) 2. Seek loans/development aid even if light to moderate concessions need to be made to fund the state projects. 3, Redistribution of land and clear money incentives (like reduced tax) for people to move to newly acquired land and cultivate it. 4. Creation of a state construction company compromising of paid workers to undertake the construction of said projects. 5. Seek to bring foreign investors,subsidize or outright create its own factories to bolster the manufacturing sector. 6. Give money incentives to companies and businesses in the service sector to expand it. 7. Complete the transition to state owned sex works. 8. Give incentives to foreign tourist companies to create tourist infrastructure here. 9. Provisions to sell government bonds to citizens and shares of newly created companies that will be sold to the highest bidder. 10. Creation of a Economic Growth and Allocation of Resources Council. EGARC 11. The Construction of a new Geothermal energy plant that will see Malivia's energy demands met by renewable sources by 80% as 10% is already through hydro which will cut energy cost by 30% over five years. 12. Creates an act to criminalise those within the private sector that encourage bad business practices such as predatory spending and loans, fraud and ponzy schemes. 13. Part of the law being a Banking Reform Act- Which will see new banking regulations in place to prevent the monopolization of Banks and also to prevent predatory loan financing to prevent future economic crisis. This will see that the central bank work together with commercial banks to cut interest rate as low as 2% so as to give people a chance to access loans giving priority to small and large businesses. |
Proposals
Article 1
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by nationalised companies.
Article 2
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Production of industrial hemp is illegal, sale of foreign hemp products is legal.
Current: Only regulated agribusinesses may produce industrial hemp.
Proposed: Only regulated agribusinesses may produce industrial hemp.
Article 3
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Article 4
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state subsidizes the phone service of low income families but does not regulate the rates providers can charge for phone service.
Current: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Proposed: Telephone lines are provided free of charge to all citizens.
Article 5
Proposal[?] to change Positive discrimination.
Old value:: Hiring policies are regulated by local governments.
Current: No form of positive discrimination is permitted.
Proposed: The government encourages positive discrimination and enforces it for government hiring.
Article 6
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 28
Current: 2
Proposed: 20
Article 7
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 8
Current: 0
Proposed: 12
Article 8
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 only forbidden in specific sectors of the economy.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are forbidden, and are actively broken up.
Article 9
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal across the nation, no regulation whatsoever.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: Gambling is illegal unless taking place in a licensed casino.
Debate
These messages have been posted to debate on this bill:
Date | 17:42:57, May 16, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Thoughts? |
Date | 20:09:42, May 16, 2017 CET | From | Wind of Change | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Splendid, we will vote yes . |
Date | 20:17:37, May 16, 2017 CET | From | Blackshirts | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | I will support all but the second article. |
Date | 20:19:48, May 16, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Is it non negotiable? Can propose and alternative Blackshirts or anyone that agrees with Blackshirts? |
Date | 20:30:41, May 16, 2017 CET | From | Cosmopolitan Party | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | I am not a fan of Articles 1 and 4, but will be ok with them to counter financial crisis. I agree with Blackshirts that Article 2 should be removed. |
Date | 20:38:19, May 16, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Fine when I go home I will pull back article 2. |
Date | 13:18:11, May 17, 2017 CET | From | Unity Labour Party | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Tax on essential goods are too high. |
Date | 13:28:59, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | No actually their not that the tax estimate of reasonable country also their is provision for tourism and sale of services. |
Date | 13:47:59, May 17, 2017 CET | From | Unity Labour Party | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | From 8% to 25%? That includes basic amenities such as toilet paper . Under an economic crisis, the people already have been laid off their jobs , corporations has cut salaries while we believe that it's best to increase taxes on essential goods by over 300% which will lessen spending power of the poor and make the situation worse. |
Date | 13:50:23, May 17, 2017 CET | From | Unity Labour Party | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Also telephone lines for free will give a major blow to telecommunication companies that depend on this to make a profit which will also see persons being laid off and possible government control over this service. |
Date | 14:03:30, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | First okay I concede what do you think is an acceptable sales tax? Two We are subsiding telecommunications from our wallet the companies still make a profit. |
Date | 14:07:30, May 17, 2017 CET | From | Unity Labour Party | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Well then if the state is subsidizing telephone, then the current law can stay as it is because the state is already doing that for low income families or you can propose it subsidizes for low income families and prices are regulated to prevent it from having exorbitant prices. An acceptable tax will be around 12% |
Date | 14:09:34, May 17, 2017 CET | From | Unity Labour Party | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Also to make gambling legal to homes will also be another blow to the market. What the country needs more so now than ever with this crisis, is emergence and creation of new industries and services. Gambling legality should either be through local government or legal across the nation and regulated which will create employment and government will also gain revenue. |
Date | 14:38:41, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | I changed the sales tax and changed the law on gambling so how about now? |
Date | 14:40:45, May 17, 2017 CET | From | Unity Labour Party | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Why should there be a maximum wage? |
Date | 15:10:02, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | After a certain threshold of profit the state should oblige the profit maker to invest said profit. We are taxing them nor telling people how much they can own. You can have millions in the bank through your profit but after a certain point you should be obliged to invest said profit and not just sit on it. |
Date | 15:10:22, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | We are not taxing I meant to say. |
Date | 15:15:17, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | I simply wish to avoid something akin to this https://c.o0bg.com/rf/image_1920w/Boston/2011-2020/2014/10/26/BostonGlobe.com/Business/Images/ceopay2graf.jpg Plus a maximum wage gap along side a minimum one helps adjust inflation and deflation. |
Date | 15:53:54, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Maximum wage cap removed. |
Date | 16:35:01, May 17, 2017 CET | From | Wind of Change | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Well ,we don't like that increase in the essential goods but it's true that wages will be higher so we will vote yes, respecting maximum wage it would be really nice if for instance, the boss of a company couldn't earn fifteen times the lowest wage of his or her company. We propose that constructions made by the National Construction Company should be provided with solar panels in order to generate their own energy. The rest is OK, we will vote yes. |
Date | 16:40:53, May 17, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | Good. |
Date | 01:22:22, May 18, 2017 CET | From | Democratic Party of Malivia | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | I would likes an explanation as to how a decrease of 8 percent can offset a 4% raise in luxury taxes. This seems infeasible due to the fact that we will probably collect more taxes from corporations than we ever will on luxury goods. |
Date | 11:19:22, May 19, 2017 CET | From | Fatherland Front | To | Debating the Economic Reforms to Counter the Crisis SSD-001 ERCC |
Message | OOC You would think so but the games economy is broken and we raise way more money in luxury taxes that even if I put the corporation tax at 100. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 367 | ||||
no | Total Seats: 0 | ||||
abstain | Total Seats: 2 |
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