The Brotherhood of Kyro

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Abolishing Economic Restrictions Act

Posted by [email protected] on April 8, 2015 at 11:40 AM

Abolishing Economic Restrictions Act

Article 1: The gold standard is abolished and all currency is to be determined by the market and allowed to float.

Article 2: The nation is not permitted to set a finite value of their currency nor peg the currency to that of a comparative permit value of another currency.

Article 3: Restrictions on free trade are lifted. All tariffs and embargos are abolished.

Article 4: The Progressive Income Tax and Estates tax are both abolished. The income tax shall be that of a Flatt Tax of 25% of one’s income. The corporate tax shall be at the same percentage as the flatt tax rate.

Article 5: This bill shall be administered by the KIRA and the Federal Reserve.

Article 6: This bill shall go into effect immediately upon passage and all laws in interference shall be stricken null and void.



Categories: Kyrian Legislation, Legislation 2015

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