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Bill: Economic Liberties of 4300
Details
Submitted by[?]: Freedom Party of Lodamun
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: March 4301
Description[?]:
| Bill to open the markets of Lodamun |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 55
Current: 30
Proposed: 35
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 3
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 subsidizes private enterprises that face bankruptcy.
Article 4
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is underneath the direct oversight of the Ministry of Finance.
Current: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Proposed: The government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations.
Debate
These messages have been posted to debate on this bill:
| Date | 22:23:08, November 08, 2017 CET | From | Lodamese Democratic Progressive Party | To | Debating the Economic Liberties of 4300 |
| Message | Mr. Speaker, Our party agrees with Article 4, but not the rest. We will not support this bill. Marcus Deneel, NGPoL Chairman |
| Date | 00:30:47, November 09, 2017 CET | From | Grand Nationalist Fraction | To | Debating the Economic Liberties of 4300 |
| Message | Mr. Speaker, we have to agree with Mr. Deneel. It would not be the best move one could make. Also, when altering the corporation tax, one should equally change expenses or other taxes to keep the balance we have had for over several decades. Marlene Vanwal Minister of Finance |
| Date | 14:15:54, November 09, 2017 CET | From | Lodamese Democratic Progressive Party | To | Debating the Economic Liberties of 4300 |
| Message | //OOC: To clarify, the article I was talking about in my first comment was the Central Back article. I wanted to clarify that because now it's Article 1 instead of Article 4. |
| Date | 04:00:08, November 11, 2017 CET | From | Lodamun Democratic Socialist Party | To | Debating the Economic Liberties of 4300 |
| Message | Mr Speaker The time may come to reconsider the economic structure of Lodamun, but it is not now, and not in such a sudden, sweeping way. Jeffrey MacConnell Minister of Finance |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 0 | ||||
| no |
Total Seats: 599 | ||||
| abstain | Total Seats: 0 |
| Random fact: Particracy has 464 player slots. |
| Random quote: "Idealism is fine; but as it approaches reality, the cost becomes prohibitive." - William F. Buckley, Jr. |