[CP] I Won't Let You Down
Day 2,908, 14:10
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Published in United Kingdom 
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by
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by 10 Downing Street
First of all, I’d like to start this term by thanking everyone who turned out to vote for me yesterday. It means a lot to know that so many were willing to support me- I won’t let you down. I know that for a lot of people there are issues with trust with me, and I totally understand that and it’s okay in my book if you couldn't support me because of it. I just hope that by the end of this month you’ll be won round
🙂
Now, down to business. I shan’t bore you with nitty gritty updates to all the ministries less than 12 hours in, only to say that all the opening day tasks (opening PMs and the like) have been done. I can shed a bit of light on a key policy however; the contentious issue of tax.
The eUK has been very lucky this week to have some private citizens spending a lot of CO money on our battles after the government's modest pot of cash ran out. Even our increased rate of tax leaves us short where it counts and leaves us vulnerable. So, my intention is to propose a comprehensive solution:
An increase in the rate of Work Tax to 6%
50% of the WT paid by MU Suppliers will be rebated to them, so that they pay an effective rate of 3%
32% of the WT paid by Foreign MU Suppliers from Allied nations will be rebated to them, so that they pay an effective rate of 4%
The last point is part of a strategy to entice MU suppliers into the eUK to make use of our full weapon bonuses. This will in turn boost our tax revenues, money which we can use to increase our defence and the stability of our bonuses. It’s a positive cycle, and a good way to increase our tax revenue without having to levy ever increasing amounts of Work Tax. 6% is as high as I think it’s reasonable to go, and I won’t be pushing for it to go any higher.
The full details of this plan will be spelt out in a bill that will be brought before congress in the next day or so, but that’s the broad plan.
Thats all for today, thanks for reading o7
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P.S sorry for the wall of text, I’ve had to use my phone to type this as my laptop is playing up.
Garth and Aaron, Lets get the show on the road.
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Comments
You're not MIK, already 3/10
heh
Needs more 90's wrestling Gifs
You won!?
Still in shock myself..
7/10, anticipating more gifs
why does the WT statred in this article differ to that in your budget? http://i.imgur.com/SnW4DsT.jpg
The budget will have been based on the tax rate congress had at the time of the budget being set, as congress sets the tax rates and not the CP.
What Rob said. This is a proposal to come before congress, budget is based on existing tax level
I won't let you down
So please don't give me up
Gotta have some faith in the sound
It's the one good thing that I've got
I won't let you down
So please don't give me up
Cos I would really like to stick around
Oh yeah!
God sake Ad, stop picking me up and put me down already. I'm a big boy, I can walk by myself.
why bother putting it up if your gonna refund it back ?? Seems so much red tape.
Just leave it alone
Because the eUK needs more money if it is to defend itself properly. You know as well as I do how expensive COs can be. The rebate system is an acknowledgement that 6% WT is too much of a burden on those who already don't make any money supplying eUK fighters; so we would rebate half of their WT costs so they pay a lower rate. It's not going to be any red-tape that a competent MoF can't handle.
Won? Who won, I don't recognise "10 Downing st" who the hell is hiding in there?