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Bill: Economic Nationalisation Act 4665
Details
Submitted by[?]: Vocal People's Coalition
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: July 4666
Description[?]:
| The Vocal People's Coaliation introduces it's program to the people. For long, has the unholy HLC-SDP-AUP-CLP Alliance pushed for extreme liberalisation of our economy. It's time to punish the elite! |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: All banks are privately owned.
Proposed: The government operates and owns all banks.
Article 2
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 central bank is an entirely independent agency of the government.
Proposed: The central bank is underneath the direct oversight of the national legislature.
Article 3
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The government has no policy on cryptocurrency
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors are not allowed to invest in national companies.
Article 5
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 20
Proposed: 100
Article 6
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 21
Proposed: 45
Article 7
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: All industry is owned and operated by the state.
Article 8
Proposal[?] to change The government's policy concerning phone services.
Old value:: There are no regulations on 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 9
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Current: Sales of recreational drugs within the nation are prohibited by the law.
Proposed: The government is entirely responsible for the controlled sales of recreational drugs through operating stores and other locations.
Article 10
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed and are unregulated.
Proposed: The government owns the stock exchange(s).
Debate
These messages have been posted to debate on this bill:
| Date | 11:04:20, November 16, 2019 CET | From | Constitutional Liberal Party | To | Debating the Economic Nationalisation Act 4665 |
| Message | Mr Speaker The VPC are giving the moon to the people. We will not let them to ruin our economy |
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Voting
| Vote | Seats | |||||||||
| yes | Total Seats: 0 | |||||||||
| no |
Total Seats: 500 | |||||||||
| abstain | Total Seats: 0 |
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| Random quote: "The Revolution needs to progress. We as humans need to evolve into higher beings through better moral virtues. And we can achieve that if we clean ourselves from the immoral. Those who go against the Revolution, go against human progress and must be freed in the most humane way possible. That is why we introduced the guillotine." - Maximus Robertson, former Davostani revolutionary |