Difference between revisions of "Issue money"

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[[File:Law proposal - Issue Money.png|thumb|450px|Law proposal page]]
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|[[File:Icon law issue money.png]]
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|'''Issue money''' is a law that allows [[Dictator]] or [[Congress member]]s to propose a value of the local [[currency]] that, if voted, will enter into the [[Treasury|country accounts]].
  
[[File:Icon issue.gif]] '''Issue money''' allows congress members to propose a value of local currency that, if voted, will enter into the country accounts. Printing money has a [[Gold]] fee which is a fighting measure against puppet administrations who print huge amounts of money to destroy economies from the inside.<br><br>
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Printing money has a [[Gold]] fee which is a fighting measure against puppet administrations who print huge amounts of money to destroy economies from the inside. The fee is taken immediately when the law is proposed.
'''If a country wants to issue money it has to pay a tax in gold.''' The tax is calculated with the rate of 1 national [[currency]] = 0.005 Gold. For example: if the country wants to issue 10.000 currency the tax will be {{Gold|50}}. <br><br>
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The information about this tax is available in the page: ''"In order to print national currency, an amount of Gold will be removed from the country account. The rate is 1 (national currency) printed = 0.005 Gold."''<br><br>
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'''If the law for donating national currency is rejected, the tax amount in gold which was deducted is returned to the country's account.'''
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|[[File:Icon issue.gif]]
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|'''If a country wants to issue the money it has to pay a tax in gold.''' <br> The tax is calculated with the rate of {{Money|1}} = {{Gold|0.005}}. <br> For example: if the country wants to issue {{Money|10.000}} the tax will be {{Gold|50}}.
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== Recent Changes ==
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'''If the law for donating national currency is rejected, the tax amount in gold which was deducted is returned to the treasury.'''
  
In order to reactive this feature, in desuse due to its disadvantaged condition against the profits achieved by the users and state organizations in the monetary market, recent changes involving this law was made in '''Day 2.362''':
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== Changes ==
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On '''Day 2.362''' following changes were made to combat the profits achieved by the users and state organizations in the [[monetary market]]:
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* [[Gold]] was removed as an option from the [[country donations]] law on the [[country administration]] page.
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* Players are now able to [[donate]] Gold on the country’s [[Economy]] page. Citizen has to be level {{Level|25}} or higher to be able to donate gold to [[Treasury]], with a minimum requested amount of {{Gold|1}}.
  
* Gold was removed as an option from the Donate law in Country Administration page.
 
* Players are now able to donate Gold on the country’s Economy page. Citizen has to be level 25 or higher to be able to donate gold to Country Treasury, with a minimum requested amount of 1 Gold.
 
 
 
{{Back|Country administration}}
 
 
{{MenuEconomy}}
 
{{MenuEconomy}}
 
[[Category:Laws]]
 
[[Category:Laws]]
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[[Category:Economy]]

Revision as of 05:10, 26 June 2020

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Laws that can be proposed by

President: New citizen message · MPP · Declare war · Airstrike · Propose peace · Trade embargo · Resource concession · Leave alliance · Change alliance leader
Congress: Country donations · Minimum wage · President impeachment · Issue money · Change taxes · Accepting citizenship
Either President or Congress: Natural enemy
Dictator: Any of the above Laws except New citizen message and President impeachment


Law proposal page
Icon law issue money.png Issue money is a law that allows Dictator or Congress members to propose a value of the local currency that, if voted, will enter into the country accounts.

Printing money has a Gold fee which is a fighting measure against puppet administrations who print huge amounts of money to destroy economies from the inside. The fee is taken immediately when the law is proposed.

Icon issue.gif If a country wants to issue the money it has to pay a tax in gold.
The tax is calculated with the rate of Money.png 1 CC = Icon-gold.gif 0.005 GOLD.
For example: if the country wants to issue Money.png 10.000 CC the tax will be Icon-gold.gif 50 GOLD.

If the law for donating national currency is rejected, the tax amount in gold which was deducted is returned to the treasury.

Changes

On Day 2.362 following changes were made to combat the profits achieved by the users and state organizations in the monetary market: