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Bill: LS-8 Economic Reform Act
Details
Submitted by[?]: Lega Socialista
Status[?]: defeated
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 5248
Description[?]:
| An act to further democratize the economic system. |
Proposals
Article 1
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is allowed, but with additional regulations to those of adult labourers.
Current: Child labour is allowed, but with additional regulations to those of adult labourers.
Proposed: Child labour is forbidden.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 8
Proposed: 50
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 1
Proposed: 0
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by nationalised companies.
Article 5
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 to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).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: There is no policy on monopolies, they are unregulated.
Proposed: Monopolies are forbidden, and are actively broken up.
Article 6
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, except certain categories of workers regarded as critical to society, have the right to strike.
Proposed: All workers have the right to strike.
Article 7
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Current: Trade unions are not required by law to hold a ballot before striking.
Proposed: Trade unions are not required by law to hold a ballot before striking.
Article 8
Proposal[?] to change Reserve requirements for bank loans
Old value:: There is a fractional reserve requirement for bank loans.
Current: The government takes no stance on reserve requirements for bank loans.
Proposed: Local governments decide policies on bank loan reserve requirements.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 152 | ||||
| no |
Total Seats: 219 | ||||
| abstain |
Total Seats: 79 |
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| Random quote: "Who are the militia? Are they not ourselves? Is it feared, then, that we shall turn our arms each man gainst his own bosom. Congress have no power to disarm the militia. Their swords, and every other terrible implement of the soldier, are the birthright of an American...[T]he unlimited power of the sword is not in the hands of either the federal or state governments, but, where I trust in God it will ever remain, in the hands of the people." - Tenche Coxe |