06-07-2026, 08:21 AM
March 9th 5739
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The increased costs for ongoing residential construction resulting from the CC-enforced adjustment of standards, pose financial challenges for the PKdSK. Even though the 20 billion Spesmilo-which is to be allocated to the budget in several installments-will provide a certain buffer, further measures are to follow. Unpopular decisions must also be made to keep the government solvent during the construction projects.
Increased access to the reinvestment assets of LDRE cooperatives: By Supreme Council decree, all cooperatives based in the currently overcrowded metropolitan regions of the West Coast that exceed a certain asset threshold have been required to purchase government bonds. It had previously been agreed with these businesses that, in return, they would be given priority in the allocation of building land for Expanded Housing. The resulting rental income is to be directly offset against their financial obligations to the state once the construction costs have been amortized.
Levy consumption taxes on non-essential “short-lived” goods: As an additional measure to boost the national budget—but above all to help control the money supply, which has increased as a result of other measures—a 12% tax will be imposed on the purchase of various goods in the future. This tax will apply exclusively to consumer goods that are not intended for nutrition or are not part of the core diet. These include, for example: all alcoholic beverages, highly processed meat products, tobacco products, sugary drinks, and all non-TOWOE imported, manufactured goods including processed foods (yes, even the ever-popular Morbanaque cheese). Director Surfungo and Commissar Mustarmakulo announced the tax as a reversible measure; however, they deliberately omitted a fixed term from the law to prevent citizens from “delaying their consumption” until Day X.It is also emphasized that goods that are, in a sense, “luxury” items but are not consumed will not be subject to the tax, provided they are produced domestically. A car from MoNa, a camera from Lumovido, or a vacuum cleaner from Magibroso will not be taxed.
The tax reform met with strong opposition from the KNaCK; it has therefore been temporarily separated from the rest of the approved liquidity package and is currently before the Supreme Council for further deliberation. However, no significant changes to the draft bill are expected.
The PKdSK also faced harsh criticism from some members of the Supreme Council. Aĥilo Harafendo, a prominent member of the Finance Committee and former professor of Economics at the University of Veneto, accused KomEkon of forgetting history.
Commissar Mustarmakulo dismissed the criticism, pointing out that while “money is being printed” again, the honorable councilman’s comparison was nevertheless flawed. Back then, he explained, money had been printed to subsidize electricity. Today, the PKdSK’s construction projects create an indisputable equivalent for the newly generated money supply virtually immediately. Furthermore, his commissariat does not rely solely on the injection of new money, but rather uses it as just one of many measures.
SK AUTHORIZES LIQUIDITY MEASURES FOR HOUSING CONSTRUCTION
KomEkon to receive a total of 20 Billion ₷ from the ZCB, several Billions more from other sources
The increased costs for ongoing residential construction resulting from the CC-enforced adjustment of standards, pose financial challenges for the PKdSK. Even though the 20 billion Spesmilo-which is to be allocated to the budget in several installments-will provide a certain buffer, further measures are to follow. Unpopular decisions must also be made to keep the government solvent during the construction projects.
Increased access to the reinvestment assets of LDRE cooperatives: By Supreme Council decree, all cooperatives based in the currently overcrowded metropolitan regions of the West Coast that exceed a certain asset threshold have been required to purchase government bonds. It had previously been agreed with these businesses that, in return, they would be given priority in the allocation of building land for Expanded Housing. The resulting rental income is to be directly offset against their financial obligations to the state once the construction costs have been amortized.
Levy consumption taxes on non-essential “short-lived” goods: As an additional measure to boost the national budget—but above all to help control the money supply, which has increased as a result of other measures—a 12% tax will be imposed on the purchase of various goods in the future. This tax will apply exclusively to consumer goods that are not intended for nutrition or are not part of the core diet. These include, for example: all alcoholic beverages, highly processed meat products, tobacco products, sugary drinks, and all non-TOWOE imported, manufactured goods including processed foods (yes, even the ever-popular Morbanaque cheese). Director Surfungo and Commissar Mustarmakulo announced the tax as a reversible measure; however, they deliberately omitted a fixed term from the law to prevent citizens from “delaying their consumption” until Day X.It is also emphasized that goods that are, in a sense, “luxury” items but are not consumed will not be subject to the tax, provided they are produced domestically. A car from MoNa, a camera from Lumovido, or a vacuum cleaner from Magibroso will not be taxed.
The tax reform met with strong opposition from the KNaCK; it has therefore been temporarily separated from the rest of the approved liquidity package and is currently before the Supreme Council for further deliberation. However, no significant changes to the draft bill are expected.
The PKdSK also faced harsh criticism from some members of the Supreme Council. Aĥilo Harafendo, a prominent member of the Finance Committee and former professor of Economics at the University of Veneto, accused KomEkon of forgetting history.
Quote:“The last time Zardugal pursued such a fiscal policy was in the 5560s, and we know where that led.”
Commissar Mustarmakulo dismissed the criticism, pointing out that while “money is being printed” again, the honorable councilman’s comparison was nevertheless flawed. Back then, he explained, money had been printed to subsidize electricity. Today, the PKdSK’s construction projects create an indisputable equivalent for the newly generated money supply virtually immediately. Furthermore, his commissariat does not rely solely on the injection of new money, but rather uses it as just one of many measures.
Stinky Zard and Cryptothallerist