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Bill: Budget and Finance proposal
Details
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: April 5216
Description[?]:
Economic growth is needed for the prosperity of our country, so we are reforming all the taxation policies and improving the conditions of the workers to allow the profit to rise from the people to the State. |
Proposals
Article 1
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 and can interfere with its operations.
Current: The central bank is underneath the direct oversight of the Ministry of Finance.
Proposed: The central bank is an entirely independent agency of the government.
Article 2
Proposal[?] to change The government's policy on advertising
Old value:: All advertising is permitted.
Current: All advertising is permitted.
Proposed: Only advertising that meets certain set standards is permitted.
Article 3
Proposal[?] to change The professional retirement age.
Old value:: 70
Current: 65
Proposed: 65
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 25
Proposed: 30
Article 5
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: The central bank determines the policy on charging interest on loans (if one exists)
Current: Local governments decide loan interest policies
Proposed: The Ministry of Finance determines the policy on charging interest on loans
Article 6
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 15
Proposed: 5
Article 7
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is kept within a defined band of fluctuation.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is fixed by the government.
Article 8
Proposal[?] to change The government's policy towards fireworks.
Old value:: Professionals may run licensed fireworks shows, small fireworks are legal to the general public.
Current: Local governments determine fireworks laws.
Proposed: Fireworks of all sorts are illegal.
Article 9
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 cannot fire workers who have gone on strike.
Proposed: Employers cannot fire workers who have gone on strike.
Article 10
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors need to obtain government approval for all investments in national companies.
Article 11
Proposal[?] to change The right to gamble.
Old value:: Gambling is illegal unless taking place in a licensed casino.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: Only small-scale gambling is allowed, involving limited amounts of money; casinos are illegal.
Article 12
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: One third of corporate boards must consist of employees
Current: Two thirds of corporate boards must consist of employees
Proposed: Two thirds of corporate boards must consist of employees
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 state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Article 14
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 45
Proposed: 30
Article 15
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government has no stance on a salary cap.
Current: Labour unions and organizations of employers negotiate a salary cap.
Proposed: The government enforces 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 only forbidden in specific sectors of the economy.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are forbidden, and are actively broken up.
Article 17
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Current: There are no regulations on phone service.
Proposed: Telephone lines are provided free of charge to all citizens.
Article 18
Proposal[?] to change Reserve requirements for bank loans
Old value:: There is a fractional reserve requirement for bank loans, but small banks and credit unions are exempt.
Current: There is a full reserve requirement for bank loans, but small banks and credit unions are exempt.
Proposed: There are no reserve requirements for bank loans.
Article 19
Proposal[?] to change The distribution, purchasing and possession of material depicting pornographic acts.
Old value:: All forms of pornography are legal, but only for adults.
Current: All forms of pornography are legal, but only for adults.
Proposed: All forms of pornography are illegal.
Article 20
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 21
Proposal[?] to change Positive discrimination.
Old value:: The government encourages positive discrimination and enforces it for government hiring.
Current: The government sets compulsory quotas for hiring women, minorities and marginalized groups.
Proposed: No form of positive discrimination is permitted.
Article 22
Proposal[?] to change The right for a person to prostitute himself or herself.
Old value:: Prostitution regulation decisions are left up to local governments.
Current: Prostitution is legal and a recognized profession.
Proposed: Prostitution is illegal.
Article 23
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: The government is entirely responsible for the controlled sales of recreational drugs through operating stores and other locations.
Current: The matter of sales of recreational drugs is handled by local governments.
Proposed: Sales of recreational drugs within the nation are prohibited by the law.
Article 24
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.
Proposed: All workers have the right to strike.
Article 25
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Current: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Proposed: Trade unions are not required by law to hold a ballot before striking.
Article 26
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Current: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Proposed: The government requires all businesses to be run by Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 300 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 0 |
Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information. |
Random quote: "I don't believe you need to be bitch to succeed in business" - Lucinda Redwood, former Luthorian-Dorvish businesswoman |