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Bill: Economic Freedom Act
Details
Submitted by[?]: Akhali Politikuri Tsentri
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: February 4787
Description[?]:
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Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 12
Proposed: 5
Article 2
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The national government leaves policy on cryptocurrency to local governments
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Article 3
Proposal[?] to change The government's policy towards daily working hours.
Old value:: Daily working hours are regulated by the government.
Current: Daily working hours are regulated by the government.
Proposed: The government has no policy concerning daily working hours.
Article 4
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: The Ministry of Finance determines the policy on charging interest on loans
Current: Banks and financial institutions charge interest on loans and are regulated
Proposed: Banks and financial institutions charge interest on loans and are unregulated
Article 5
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 6
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 4
Current: 0
Proposed: 2
Article 7
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 8
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Government approval is needed before strikers can be fired.
Current: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Proposed: Employers are free to fire workers who go on strike.
Article 9
Proposal[?] to change The government's policy towards foreign workers.
Old value:: Foreign nationals may only be employed in circumstances where the government has determined there is a labour shortage.
Current: Foreign nationals are treated the same as native citizens when searching for employment.
Proposed: Foreign nationals are treated the same as native citizens when searching for employment.
Article 10
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 11
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal, but only in private homes and casinos with special licences.
Current: Gambling is illegal unless taking place in a licensed casino.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 12
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: Two thirds of corporate boards must consist of employees
Current: No employee representation is required on corporate boards
Proposed: No employee representation is required on corporate boards
Article 13
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: The government subsidizes private enterprises that face bankruptcy.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 14
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 50
Proposed: 2
Article 15
Proposal[?] to change The government's stance on a salary cap.
Old value:: Labour unions and organizations of employers negotiate a salary cap.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 16
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: There is no policy on monopolies, they are unregulated.
Article 17
Proposal[?] to change Positive discrimination.
Old value:: No form of positive discrimination is permitted.
Current: No form of positive discrimination is permitted.
Proposed: The government does not regulate hiring policies.
Article 18
Proposal[?] to change Policy on profit sharing
Old value:: Companies are required to distribute a majority fraction of its profits to employees.
Current: Companies are required to distribute a majority fraction of its profits to employees.
Proposed: The law does not mandate or encourage profit sharing programs.
Article 19
Proposal[?] to change The workers' right to strike.
Old value:: All workers have the right to strike but certain categories of workers regarded as critical to society have to ensure a minimal service.
Current: All workers have the right to strike but certain categories of workers regarded as critical to society have to ensure a minimal service.
Proposed: All workers have the right to strike.
Article 20
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 598 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
Random quote: "The two greatest obstacles to democracy in the United States are, first, the widespread delusion among the poor that we have a democracy, and second, the chronic terror among the rich, lest we get it." - Edward Dowling |