Official Statement from the Department of the Treasury
Subject: Revisions to the United Commonwealth Tax Policy
As I resume my duties as Secretary of the Treasury, the United Commonwealth is initiating a strategic shift in our fiscal policy to better support our member nations.
Effective immediately, the central government will begin reducing tax collection rates across all nations, with the ultimate goal of phasing out these collections entirely. This ensures that nations will retain a greater share of their earnings generated through active participation and posting.
To maintain the stability of the Commonwealth, a new assessment will be applied directly to member-state accounts. These contributions will bolster the Central Treasury, providing the necessary capital to allocate resources efficiently and support the Commonwealth’s collective growth.
I. Phasing Out National Tax Burdens
The Treasury’s primary objective is to maximize the economic autonomy of individual nations. To this end, the United Commonwealth will begin an immediate, tiered reduction of the tax collection rates currently imposed on all member nations. This trajectory will continue until these taxes are terminated entirely. This shift ensures that the rewards of local growth (specifically earnings generated through posts, community participation, and internal commerce) remain within the nations that generate them.
II. Implementation of the Member-State Levy
To balance this reduction in direct taxation, the Department of the Treasury will implement a standardized assessment on member-state accounts. This levy is not a tax on individual citizen activity, but rather a strategic contribution from state-level holdings to the Central Treasury. By consolidating these funds at the federal level, we create a more resilient financial backbone for the Commonwealth.
III. Strategic Resource Allocation
The strengthening of the Central Treasury serves a singular purpose: agility. A centralized fund allows the Commonwealth to respond with precision to regional needs, whether through infrastructure grants, emergency subsidies, or the funding of large-scale projects that benefit the entire union. We are moving from a system of passive collection to one of active reinvestment.
IV. Commitment to Transparency
As we transition to this new model, the Department of the Treasury remains committed to fiscal accountability. We believe that by easing the burden on our nations and refining our internal collection methods, the United Commonwealth will enter a new era of unprecedented prosperity and cooperation.
Secretary of the Treasury
Marcus Thernon
Tax Collection reduced to : €$ 1,750,150 from 3,500,300
Eurodollars earned for new posts: €$ 220,000
Eurodollars earned for new discussions: €$ 450,000
Eurodollars earned for likes/reactions: €$ 24,999
