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Her Majesty's Treasury Is Keeping You Informed!

Goals & ideas for the month to come

The main objective for the Ministry of Finance is to continue on the road set forth by the previous Minister of Finance, Bombadierbeetle.
It is extremely hard to battle eGlobal trends (like the massive overproduction, and the freefall that wages are in). Despite that, we are confident that we will be able to minimize the negative effects, and take advantage of possible opportunities.

The thing everybody wants to know about are, of course, taxes. There is no good solution, or straight up answer concerning this issue. However, we are prepared to take the necessary measures to deal with the issue.
Less taxes means less state income; you can't get around this fact. Although that may be the case, we realize that taxes have been high for an extended period due to the War, and we want reward the public for fighting hard and sticking with us throughout the invasion so we plan to lower taxes soon.

I will crank the numbers, and propose a two step reduction in taxes. One will occur this week, and one the last few days before the congress elections. This will give us a chance to assess the result of the reduction more clearly.
The tax reduction you can expect is somewhere between 4 and 12 percentage points in total, or 2 and 6 percentage points per drop. (Keep in mind, a 5 percentage point drop, from 30 -> 25, is actually a 17% reduction in state tax income, and a 7% increase in player income.)

The Ministry of Finance is, similar to previous months, also a place of learning and getting to know the monetary system. I have accepted a total of seven traders, and kept on one senior trader. I'm sure that they will become more than capable monetary traders over time, and earn the government some money along the way!

So let's welcome the lads:
Steven Mack Smack (Senior Trader)
WelshLad
Sfeir
kelticpete
LordTowel
haughenator
Writchie
C B Fry

The under-Minister of Finance for monetary markets, bowen199, will regulate the GBP, with the help of previous months senior trader Margaret H Thatcher (Maggie).

A new initiative by the Ministry of Finance is a Commercial Bank. The public will be able to take out loans, which have to be paid back with a small intrest fee.
This bank is set up now, to ensure a smooth working bank by the V2 release, when the need for loans will (perhaps) be higher. Because there are already too many companies, there won't be any loans available for starting up a company, only for upgrading. The company will serve as collateral in case the user dies, gets banned or can't repay the loan.

The bank clerc serving you is under-Minister of Finance for banking: Da Gamer, assisted by ben clad


Monetary Market Trading
DO YOUR DUTY:
Will all patriotic citizens who wish to buy gold purchase gold for GBP off the MoF orgs:
Ministry of Finance UK
Reserve Bank of the UK
This helps us because we need to convert our tax revenues (which are GBP) into gold which forms a large part of our expenditure.



Thanks for Reading,
elbanaan - your Chancellor of the Exchequer
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