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Bill: Economic Reforms
Details
Submitted by[?]: Fronto de Aŭgustana Vekiĝo
Status[?]: passed
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: August 4786
Description[?]:
| In order to return the Augustan economy to greatness and encourage domestic production as a means to achieve this greatness, the Finance Ministry and Trade/Industry Treaty will be pursuing a policy of import substitution industrialization and relaxed restrictions on industry. To achieve this, the government requests the Imperial Senate to pass this set of economic reforms. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 30
Proposed: 10
Article 2
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: Charging interest on loans is illegal
Current: Banks and financial institutions charge interest on loans and are regulated
Proposed: The Ministry of Finance determines the policy on charging interest on loans
Article 3
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is fixed by the government.
Article 4
Proposal[?] to change International trade (this is a default in the absense of a specific free trade agreement or specific trade embargo)
Old value:: The nation allows for imports, but imposes protectionist tariffs and quotas on all imports.
Current: The nation allows for imports, but imposes "ethical" tariffs on nations with lower environmental and labour rights standards.
Proposed: The nation allows for imports, but imposes tariffs and quotas in certain areas.
Article 5
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 8
Proposed: 25
Article 6
Proposal[?] to change The government's policy with respect to the production of pornography.
Old value:: The production of pornography is legal, but regulated.
Current: The production of pornography is legal, but regulated.
Proposed: Pornography may not be produced in the nation.
Article 7
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government requires most industries to be fully run by Democratic Workers' Councils.
Current: The government requires most industries to be fully run by Democratic Workers' Councils.
Proposed: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 505 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: It is forbidden to impersonate a player or Moderator. |
| Random quote: "This administration is not sympathetic to corporations; it is indentured to corporations." - Ralph Nader |