OFFICIAL REPORT
FROM
NATION RECORDS OFFICE
UNION (MIXED) ECONOMY AS OF
DATE: 03 / 29 / 2017
The Union uses a mixed economy unique to only our nation. The Union is heavily laced in Bureaucracy and extended that to it's previous economic system being all state and government owned industry. The Union has passed legislature allow all previous business owners who lost their companies to communism of Wolfric to have them returned. This new law was passed with several stipulations:
- The Business owner will be returned all previously owned company property (Factories, office complex, etc.)
- The workers currently employed by the state working in a returned factory will be transferred to the business owner. The Business owner that agrees to keep employees for one year will receive subsidizes from the Union. Employees that disagree and wish to remain a state employee may go to the nearest Administration of Labor to request an application.
- The Union will be putting what is called a office bureaucrat they will report to the Union the on goings of the company. They will be their to make no fraud is committed or any other suspicious activity. The Bureaucrat will also make sure that the company conducts it's business legally by having custom forums and stamps for various businesses to insure consumers and the company make legal transactions.
- Businesses that ran and operated mines of any kind will have to forfeit lost resources as the union is unable to reimburse them and in the case of depleted mines the Union will be willing to reimburse 20,000 Koupons to business owners who will receive only depleted mines not a mix of both non-depleted and depleted.
- Farmers who owned farmland will have it returned and will not have to keep staff and remain eligible for subsidizes.
- Business owners who ran and operated private hospitals, airports, power stations, schools, or other forms of what is now public service will not be receiving any previous assets as these will remain state owned. Nor will they be reimbursed for lost propriety.
- Businesses will be responsible to pay their own employees except the in house bureaucrat who will have to approve your set wages for workers. The bureaucrat's decision can be appealed and the company will be audited by various Administrations to find a suitable minimum wage for your company.
- A Business owner interested in receiving their previously owned companies are required to bring two forms of ID to show proof of ownership. They will also have to pay 3,500 Koupons as a processing/transfer fee.
- If the Previous owner of the company is deceased or moved out of the nation and was bought by a foreign company the companies assets will remain state owned and auctioned off. If the company was moved to Fornoire during the revolt their assets will remain frozen and then auctioned as well.
The Government will no longer provide housing to citizens and will sell all new housing developments past the revolution on auction. Any home that was built before the revolution and seized by the government may be returned to the original citizens by meeting with the Administration of Housing which will soon be divided into different Administrations and closed. Owners of rental complexes will be allowed to set the rent but will receive tax breaks for keeping original tenants at the same rate set by a Housing Bureaucrat for one year.
The Union will also no longer be providing rations and has given distribution centers over to grocery store companies to be converted. They will receive 4 months of rations normally delivered to distribution centers to fill the store. The in house bureaucrat will help set prices for goods in stores and other duties of company in house bureaucrats.
The Union would also like to give all business owners the opportunity to create competition so in house bureaucrats that set prices will not have as much say but when protecting the rights of the workers they will have control.