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Dispatch → Bulletin → Policy
Economic Growth and Innovation Act
Information Nation President has signed the bill into law. It does the following things.There will officially be free trade for any country that agrees with an agreement. There will be no more protectionism of the local industries.
There will be a flat income tax rate at the national level and the current tax codes and other taxes shall be abolished
There will be a universal basic income that will be that of the poverty line and all other welfare programs will be abolished
There will be massive funding for scientific research especially for basic research. The funding for university Research will be increased
All subsidies to any business officially will be abolished
The pages of the form needed to start a business will officially be reduced