Pharaoh Tae-Yeon, showing off her impressive sports car collection, commissions new highways for her to drive on
Egyptian National Budget
Income:
Lower Corporate Tax to 1 (-3)
Increase VAT to 3
Net Change: -2 income
Expenditures
Cut Social Welfare to 4
Increase Military Spending to 2 (Professional Army)
Increase Transport to 2
Increase Education to 5
Net Change: +5 spending
New Deficit: -7
Also spend the .15% needed for the UN
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We are also going to take a loan of 40. Part of it will be to buy up debt from nations such as China and others looking to repay debt to help drive up demand. When demand is high, we will sell the debt. Another aspect will be to look for promising technology companies for the Egyptian Sovereign Wealth Fund to acquire, for the country to benefit . Exciting technology companies that wish to headquarter in Taeyangsi, as well as other multinationals, will be welcomed and encouraged to come.
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With a stable government, low taxes, and the headquarters of the World Bank, Taeyangsi is in an ideal position to bring foreign companies to the city and to list on the Taeyangsi stock exchange.
We are going to institute a series of banking laws to attract foreign clients. Specifically, we will institute laws that make it a criminal offense to reveal an account holder’s name. Those who may wish to keep their wealth safe and secure will look to Egypt as a perfect place to keep their money safe.
We will make a new law that any new business created by a foreigner will be tax exempt for three years. If that business employs fifty or more Egyptians, it will be tax exempt for an additional three years.
With the recent revival of the United Nations, and the advent of trade treaties, launch a government inquiry into whether or not an expansion of the Suez Canal could be worthwhile, profitable, and how much it would cost.
