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Bill: Liberalisation of the Economy Act
Details
Submitted by[?]: Conservative Party of Hutori
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: November 5307
Description[?]:
| This policy will liberalise a significant portion of the country's economy. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 15
Proposed: 20
Article 4
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Current: The government has no policy on cryptocurrency
Proposed: The government has no policy on cryptocurrency
Article 5
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 6
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
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 7
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 8
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: One third of corporate boards must consist of employees
Current: One third of corporate boards must consist of employees
Proposed: No employee representation is required on corporate boards
Article 9
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Current: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Proposed: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Article 10
Proposal[?] to change A law on employers' obligations with regards to social security contributions.
Old value:: All enterprises are required to cover basic payroll contributions for their employees.
Current: Only large enterprises are required to cover payroll contributions for their employees.
Proposed: Payroll contributions are not mandatory but the government grants tax incentives to providers.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes | Total Seats: 89 | |||||
| no |
Total Seats: 416 | |||||
| abstain | Total Seats: 0 |
| Random fact: It is forbidden to impersonate a player or Moderator. |
| Random quote: "You don't have to buy from anyone. You don't have to work at any particular job. You don't have to participate in any given relationship. You can choose." - Harry Browne |