Legonian New Government Laid Out Policies

Prime Minister Mofty with his ministers speaking to the press outside the Royal Palace.

The new Royal Party government under Sir Winston Mofty had briefed the media on his government policy.

Sir Mofty informed the media that he had met and discussed the kingdom's policy with King Arius.

On the economic front, the Royal Party Government will introduce a new taxation law.  The income tax rate for those earning $100,000 Bricks dollars annually will be reduced to 10%,  The income tax for those earning more than $100,000 will be pegged at 15%. Anyone earning more than $1 million per year will see their taxes rise to  25%.  

Large firms with annual earning more than $10 million Brick dollars will see their corporate tax rises to 22%. 

"These firms, especially foreign social media firms, make large amount of profits from Legonia. The taxes are fair enough to contribute back to the community that these firms are getting their profits from," said Sir Mofty.

Sir Mofty also added that 40% of the kingdom's revenue is derived from the sales of oil and gas. "We will continue to diversify our economy", said Sir Mofty.

WELFARE BUDGET

Budget for unemployed person will be reduced. Sir Moft said that: "We have a low unemployment figure currently. Many firms have difficulties to hire enough workers. For those who can work but choose not to work, the Kingdom will not support you.  It is not fair to tax honest hardworking citizens to support those who choose not to work." 

He added: "But the budget will also ensure those who cannot work for valid reason will be supported."

FOREIGN POLICY

On foreign relations, Sir Mofty said that Legonia welcomes the opening of Malatian Embassy in Legotown.  "Brikvanian Embassy in Legotown will be reopened soon, and we hope the reduction in tension will attract more investment to the region," he added.

The Royal Armed Forces of Legonia (RAFL) might be trimmed in size.  The Prime Minister added that a 24% reduction in manpower is feasible.

"Malatia has become a friendly state. There is no need for Legonia to have a large military then," said Mofty.