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Bill: CB.1-08/5122: Manuel Milhaud, S; Economic Recovery Act
Details
Submitted by[?]: Parti de la Solidarité
Status[?]: passed
Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: April 5123
Description[?]:
| The economy of Lourenne is a disaster and we need to address this problem with comprehensive solutions that work for the average citizen and help lift everyone out of this trying time for our nation. We propose firstly a cut to defense spending and an increase to health spending. Secondly we propose a stark increase to corporate taxes. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 38
Current: 60
Proposed: 90
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Proposed: All industry is owned and operated by the state.
Article 3
Proposal[?] to change Government policy towards labor unions.
Old value:: Trade unions may exist and worker membership is voluntary.
Current: Trade unions may exist and all workers must have membership in one.
Proposed: Only government-run trade unions exist and membership in them is compulsory.
Article 4
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates and owns all banks.
Proposed: The government operates and owns all banks.
Article 5
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 underneath the direct oversight of the national legislature.
Proposed: The central bank is underneath the direct oversight of the Ministry of Finance.
Article 6
| Ministry | Current Budget | Old Budget | Propesed Budget |
| Head of Government | 30,000 LFR | 20,000 LFR | 20,000 LFR |
| Foreign Affairs | 13,000,000 LFR | 5,000,000 LFR | 5,000,000 LFR |
| Internal Affairs | 13,000,000 LFR | 5,000,000 LFR | 5,000,000 LFR |
| Finance | 13,000,000 LFR | 3,500,000 LFR | 3,500,000 LFR |
| Defence | 13,000,000 LFR | 25,000,000 LFR | 2,500,000 LFR |
| Justice | 13,000,000 LFR | 2,500,000 LFR | 2,500,000 LFR |
| Infrastructure and Transport | 38,500,000 LFR | 18,000,000 LFR | 18,000,000 LFR |
| Health and Social Services | 46,500,000 LFR | 1,500,000 LFR | 30,000,000 LFR |
| Education and Culture | 37,500,000 LFR | 22,000,000 LFR | 22,000,000 LFR |
| Science and Technology | 30,500,000 LFR | 11,000,000 LFR | 11,000,000 LFR |
| Food and Agriculture | 30,500,000 LFR | 9,000,000 LFR | 9,000,000 LFR |
| Environment and Tourism | 30,550,000 LFR | 15,000,000 LFR | 15,000,000 LFR |
| Trade and Industry | 30,550,000 LFR | 15,000,000 LFR | 15,000,000 LFR |
| Total | 309,630,000 LFR | 132,520,000 LFR | 138,520,000 LFR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 463 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 0 |
| Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
| Random quote: "You have all the characteristics of a popular politician: a horrible voice, bad breeding, and a vulgar manner." Aristophanes (450 BC - 388 BC), Knights, 424 B.C. |