I think that the Democratic Axiaqist Republic of Cildania will greatly benefit from abolishment of corporate tax. It would create a lot of industry, both foreign and domestic. It would also give corporations more room to pay better salaries to the workers. However, the losses from abolishing corporate tax is also great. Which is why I proposed creating a small tax on essential goods. 9% is feasible, and given the raising salaries from the abolishment of corporate taxes, it does not affect buying power of the average worker by much, if any. We have talked through this with Minister of Internal Affairs Anglu Delorenzo, Supreme Leader Rokku Axiaq and Minister of Trade and Industry Ewgenju Baldacchino. They all seemed to be supportive of this, and most of the party has shown its support. The reforms will pass, but due to the process of changing laws, they won't come to effect until January.
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