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Bill: Economic Reform Act of 4931
Details
Submitted by[?]: Alliance for the Republic
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 4932
Description[?]:
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Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 10
Proposed: 15
Article 2
Proposal[?] to change The government's policy towards daily working hours.
Old value:: The government obligates trade unions and employers to negotiate the daily number of working hours.
Current: The government obligates trade unions and employers to negotiate the daily number of working hours.
Proposed: Local governments regulates the daily working hours.
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 1
Current: 0
Proposed: 5
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 invest in national companies, but may not get a majority share.
Proposed: Foreign investors are not allowed to invest in national companies.
Article 5
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Article 6
Proposal[?] to change Sales tax on luxury goods.
Old value:: 1
Current: 10
Proposed: 10
Article 7
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 minority fraction of its profits to employees.
Proposed: A fiscally beneficial system encourages companies to share profits with employees.
Article 8
Proposal[?] to change The government's policy concerning the pension system.
Old value:: The state does not operate a pension system. Individuals must save up for retirement on their own.
Current: The state operates a compulsory public system combined with an optional private pension.
Proposed: The state operates a compulsory public system combined with an optional private pension.
Article 9
Proposal[?] to change Renewable energy sources (eg. solar power, wind power).
Old value:: Government subsidies are provided for research and generation of energy through renewable sources.
Current: Government subsidies are provided for research and generation of energy through renewable sources.
Proposed: No research into renewable energy is permitted.
Article 10
Proposal[?] to change Train Operating Companies (TOC).
Old value:: Private companies operate TOCs throughout the country.
Current: There is a single publicly owned TOC.
Proposed: There is a single privately owned national TOC.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes | Total Seats: 332 | |||||
no |
Total Seats: 318 | |||||
abstain | Total Seats: 0 |
Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
Random quote: "A countryman between two lawyers is like a fish between two cats." - Benjamin Franklin |