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Bill: Laissez Faire Act
Details
Submitted by[?]: True Conservatism Party
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: October 5425
Description[?]:
| True freedom for our Economy |
Proposals
Article 1
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 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 10
Proposed: 0
Article 3
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 4
Proposal[?] to change The government's policy towards foreign workers.
Old value:: Foreign nationals are treated the same as native citizens when searching for employment.
Current: Foreign nationals may only be employed in circumstances where the government has determined there is a labour shortage.
Proposed: Foreign nationals may only be employed in circumstances where the government has determined there is a labour shortage.
Article 5
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 is no provision for a minimum wage.
Article 6
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: Employers are not required to cover payroll contributions.
Article 7
Proposal[?] to change Positive discrimination.
Old value:: The government encourages positive discrimination and enforces it for government hiring.
Current: The government encourages positive discrimination and enforces it for government hiring.
Proposed: The government does not regulate hiring policies.
Article 8
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: The law does not mandate or encourage profit sharing programs.
Article 9
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 are no reserve requirements for bank loans.
Proposed: There are no reserve requirements for bank loans.
Article 10
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Current: The government is entirely responsible for the controlled sales of recreational drugs through operating stores and other locations.
Proposed: There is no policy concerning the sales of recreational drugs.
Article 11
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 forbidden, and are actively broken up.
Current: Monopolies are actively enforced in all sectors of the economy.
Proposed: There is no policy on monopolies, they are unregulated.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 118 | |||
| no |
Total Seats: 334 | |||
| abstain |
Total Seats: 48 |
| Random fact: Characters are considered to be "owned" by the player who first mentioned or created them. In practice, players may share responsibility for role-playing a character, but ultimate authority rests with the owner. |
| Random quote: "You know what's interesting about Washington? It's the kind of place where second-guessing has become second nature." - George W. Bush |