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Bill: Salary Cap Enforcement Act

Details

Submitted by[?]: Kalistani Workers Party

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: September 4363

Description[?]:

Recognizing that under current law there doesn't exist a salary cap within Kalistan, and seeing as a salary cap would help make wages more fair and cut down on income inequality, this bill would have the national government impose a fair salary cap on all workers preventing CEO's and the like from getting paid unfairly compared to their workers.

Proposals

Debate

These messages have been posted to debate on this bill:

Date16:04:00, March 14, 2018 CET
FromNational Conservative Party
ToDebating the Salary Cap Enforcement Act
MessageWe are firmly against.

Date16:19:37, March 14, 2018 CET
FromLiberal Party of the URK (LURK)
ToDebating the Salary Cap Enforcement Act
MessageNo way in hell will LURK support this. We vote negatively.

Date06:16:57, March 15, 2018 CET
FromKalistani Workers Party
ToDebating the Salary Cap Enforcement Act
MessageWe don't see why the LURK and NCP are so against this. Why do CEO'S and the like deserve such fat paychecks while the rest of Kalistan is barely scraping by? What exactly is the problem here?

Date06:47:41, March 15, 2018 CET
FromLiberal Party of the URK (LURK)
ToDebating the Salary Cap Enforcement Act
MessageThe problem here is that this is an arbitrary and unnecessary distortion of the free market. It will heavily deincentivize competition, and lead to companies forming de facto enclaves and local monopolies; after all, there's nothing in it for the executives beyond a certain point.

Furthermore, that money won't reach the incomes of workers, but will simply stay within companies and not be subject to income tax. Companies will naturally find ways for subject it to less tax through loopholes. This will lead to a lower federal budget, and will make it harder to provide welfare, which actually does help the lower classes.

The KWP needs to learn a lesson; punishing the rich will not always enhance the lives of the poor. It will more often than not just lead to both groups having it worse off.

Date00:22:02, March 16, 2018 CET
FromKalistani Workers Party
ToDebating the Salary Cap Enforcement Act
MessageWhat you're saying doesn't make any sense. This bill literally only applies to the slimmest portion of the current labor market. It has nothing to do with competitions, or monopolies, it's about making sure that the richest CEO's aren't getting overly paid for nothing. In reality, this bill doesn't do much at all, it's mostly symbolic.

Date08:14:05, March 16, 2018 CET
FromLiberal Party of the URK (LURK)
ToDebating the Salary Cap Enforcement Act
MessageIf it's so symbolic, then what's the purpose in the first place? And if anything, this symbolizing the wrong thing; that the government wants to limit your success.

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Voting

Vote Seats
yes
 

Total Seats: 0

no
    

Total Seats: 750

abstain
   

Total Seats: 0


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