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Bill: Economic Reform Act of 4517

Details

Submitted by[?]: Patriotic League

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 4518

Description[?]:

.

Proposals

Debate

These messages have been posted to debate on this bill:

Date14:55:16, January 18, 2019 CET
FromLiberal Democratic Party (LDP)
ToDebating the Economic Reform Act of 4517
MessageAlthough we might reopen the issue of the retirement age in the future,this bill is beneficial to support for now

Date14:57:13, January 18, 2019 CET
FromLiberal Democratic Party (LDP)
ToDebating the Economic Reform Act of 4517
MessageArticle 2 is alao somewhat of an issue as the Finance Minister can inform us in detail the removal of the tax although beneficial may lead to a budget deficit

Date15:03:21, January 18, 2019 CET
FromNational Conservative Party
ToDebating the Economic Reform Act of 4517
MessageRemoving the luxury goods tax would take us out of our nice surplus and put the government funding into a deficit. We're always up for cutting taxes, but never for putting the government on a road which would lead to debt.

Date20:09:07, January 18, 2019 CET
FromUnited Kalistani Worker’s Front
ToDebating the Economic Reform Act of 4517
MessageWe will absolutely refuse to support this bill if articles 1 and 3 remain.

Date20:25:22, January 18, 2019 CET
FromLiberal Democratic Party (LDP)
ToDebating the Economic Reform Act of 4517
MessageWe have decided to support this legislation and after it passes,we shall propose another bill reducing the retirement age to 60 from the 65 and increasing the luxury goods tax to 5% so that the deficit is removed

Date20:28:49, January 18, 2019 CET
FromLiberal Democratic Party (LDP)
ToDebating the Economic Reform Act of 4517
MessageAlso we could also propose to also change the legislation in regards to firing workers who have gone on strike to “Employers can fire workers who are deemed to have gone on strike without reasonable reasons.”

Date20:39:26, January 18, 2019 CET
FromLiberal Democratic Party (LDP)
ToDebating the Economic Reform Act of 4517
MessageMaybe.

Date22:12:40, January 18, 2019 CET
FromNational Conservative Party
ToDebating the Economic Reform Act of 4517
MessageLDP Deputies,
Under your current policy of privatization, passing laws which would allow employers to fire workers for striking and removing the minimum wage is extremely dangerous to the common Kalistani. This could leave our citizens impoverished and/or unemployed.

However, if the plight of the common Kalistani doesn't convince you to change your stance on your bill, think about it this way: These freshly impoverished and unemployed workers will likely be upset by the current administration's attack against them and may flock to the ideology which claims to hold them preeminent, socialism. Correct me if I'm wrong, but representatives of the LDP have stated many times their opposition to socialism, so why would it want to take actions which would push more people towards supporting it?

Deputy Keane Farrel (NCP - Neveras)
Leader of the NCP Minority

Date22:40:41, January 18, 2019 CET
FromUnited Kalistani Worker’s Front
ToDebating the Economic Reform Act of 4517
MessageExactly. For a party that decries Socialism, they seem eager to push the public towards it.

Date22:48:29, January 18, 2019 CET
FromSocialist Party of Kalistan (SPoK)
ToDebating the Economic Reform Act of 4517
MessageFrom the Finance Ministry:

The current surplus is valued at 315 b KRB. We have been running a surplus for a very long time and using this surplus as needed to carry on operations not budgeted for annually. We would also use this surplus for one time expenditures as needed, like, for example, rearming the Republic.

The luxury tax accounts for 327 be KRB. Meaning that the surplus and thensome of our general operating budget on top of that is entirely funded by the luxury tax.

As this amounts to a wealth tax, usually charged on non-necessities, if we were to cut taxes, the finance minister would prefer to cut income taxes, and leave the wealth tax alone. The income tax is on production by industrious people. The luxury tax is on consumption by idle people.

But the math says that the abolition of the luxury tax will put Kalistan in the red for the first time in more than 100 years, and will jeopardize any modernization we had in mind, as well as the status quo budget. It would be fiscally irresponsible to vote to abolish the luxury tax without a corresponding increase in taxes elsewhere.

Date22:52:05, January 18, 2019 CET
FromSocialist Party of Kalistan (SPoK)
ToDebating the Economic Reform Act of 4517
MessageIf the President’s Party opposes this bill and seeks to alter it immediately after it passes, why not just vote against this one and propose the bill the President’s Party would like passed instead. No doubt the League will still support it, as it hurts Workers as much as possible, and no doubt the parties who oppose it currently will still do so, and it will pass, but it won’t throw us into a deficit situation.

We urge the Liberals to oppose this bill.

Date22:57:04, January 18, 2019 CET
FromLiberal Democratic Party (LDP)
ToDebating the Economic Reform Act of 4517
MessageThe plea’s that have come from our coalition partners has been very concerning. With the intervention of the President, the deputies have changed their mind,the LDP will abstain from voting for this proposal.

Date02:45:28, January 19, 2019 CET
FromSocialist Party of Kalistan (SPoK)
ToDebating the Economic Reform Act of 4517
MessageWe thank the President for his wisdom in this matter.

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Voting

Vote Seats
yes
 

Total Seats: 56

no
   

Total Seats: 124

abstain
  

Total Seats: 70


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