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Bill: GL LPL-5 Economic Adjustment Act 4616/8
Details
Submitted by[?]: Progressive Party of Lodamun - Liberals
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: February 4617
Description[?]:
| A bill to adjust government economic, welfare and civic policy to make Lodamun more competitive for foreign direct investment and to make Lodamese Firms more competitive internationally. |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: 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.
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 central bank is an entirely independent agency of the government.
Article 2
Proposal[?] to change Closed shops are places of employment where only members of a specific union are allowed to work; union shops can hire non-members, but these have to become members after a certain time; agency shops can hire non-members, who have to pay a fee to cover the unions costs. All three are erected by union agreements. (Only valid if unions are legal)
Old value:: Closed shops, union shops and agency shops are legal.
Current: Closed shops, union shops and agency shops are legal.
Proposed: Agency shops are legal, but closed shops and union shops are not.
Article 3
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Proposed: The government has no policy on cryptocurrency
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 30
Proposed: 20
Article 5
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 6
Proposal[?] to change Sales tax on luxury goods.
Old value:: 35
Current: 25
Proposed: 15
Article 7
Proposal[?] to change The government's stance on a salary cap.
Old value:: There is a national maximum wage but local governments may enforce stricter salary caps.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 8
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
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 that a single full time worker on it can adequately subsist.
Article 9
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
| Date | 17:16:16, August 09, 2019 CET | From | Lodamese Democratic Progressive Party | To | Debating the GL LPL-5 Economic Adjustment Act 4616/8 |
| Message | Mr. Speaker, We can agree with the shop proposal and the policy on industry, but some of the other proposals we cannot. In its current state, we cannot support this. Roland Moore, LGP Chairman |
| Date | 19:45:45, August 09, 2019 CET | From | Conservative Party of Lodamun | To | Debating the GL LPL-5 Economic Adjustment Act 4616/8 |
| Message | Mr. Speaker, We oppose this reduction in union power, and the anti-worker provisions of this bill. Frederick Saint-Just PCAL Party President |
| Date | 00:31:00, August 10, 2019 CET | From | Democratic Socialist Progress | To | Debating the GL LPL-5 Economic Adjustment Act 4616/8 |
| Message | Mr. Speaker, This Bill Shows again the arrogance of the bourgeois parties, trading actual good Living conditions for the working man away in the Name of "competitiveness", this is Nothing new in our current Environment, but we are thankful for this opportunity to demask the "Labor" Party of Lodamun as being part of the capitalist club. Ackney Armstrong Head of the DSP |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 267 | |||||
| no |
Total Seats: 332 | |||||
| abstain | Total Seats: 0 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken |