BBC: MP Jameson: Constructing Canary Wharf was a mistake

[SpaceTime]

BBC: In other news, our BBC colleague David McWilson had an exclusive 15-minute interview with MP Jameson of the Federalist Party. Among other things Ms Karen Jameson mentioned her concerns about Canary Wharf Station. Here is a part of her interview.

MP Jameson: After a decade in which Bretonia was in war with two different Houses, the royal coffers are admittedly empty, inflation is running in an all-time high and we are deep in debt both internally and on foreign entities such as the Interspace Commerce.

Dear McWilson you may think of Liberty's economic aid, which I agree, it is very important. However, let's face the reality, let's review the numbers. Liberty has also entered the war. The time when they will have to cut their aid will come sooner or later. Let us not forget that Leeds, the industrial heart of our Kingdom has also been lost. If the invaders are not been defeated or at least pushed back from Planet Leeds in the coming future, I don't think it would be long before we go bankrupt.

Please do not consider my thoughts as defeatism, but as a probable scenario. The Federalist Party with its participation in the coalition government aims to address issues in both the coming future but also on a long-term basis. We all know what would happen if Bretonia declares bankruptcy, BBC has hosted many analysts throughout the years who commented on that. Subsequently, saving money is a key Federalist policy from any activity which does not directly benefit the war effort. That way we can last much longer without foreign aid than we currently can.

Canary Wharf Station, a modular space station in the orbit of Planet New London is a very good example. Construction of space stations is a huge expenditure even for Houses which are not in a war state. Borderworld Exports is going to spend billions of credits constructing a station which will not in any way help Bretonia in a short-term basis. On the other hand, these billions could have been spent on expanding its trade fleet, providing better equipment for the ExSec or at least by performing repair work for the war fleet.

David McWilson: Another modular station, the Tower of London, is also very close to Canary Wharf...

MP Jameson: That is correct Mr McWilson. I have reviewed Canary Wharf's application and it does not offer anything at the moment that the Tower cannot provide already. Constructing it was a mistake and only time will show how fatal it was.

- Dear viewers, as always the channel is open in order to leave your comments and thoughts -

[Euca]

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Sender: Ollie Tyres

Topic: RE: Constructing Canary Wharf was a mistake

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Ms Karen Jameson,

Hello, my name is Ollie Tyres, Bretonian born and raised, and affiliate of the Bretonian Labor Party.

I read your article on the BBC about Canary Wharf station and I feel obliged to perhaps, dig into the situation. Canary Wharf isn't the issue here, MP, it's the corporations that are the problem.

Now naturally, such a bold statement would be expected of a "communist bastard" such as myself, but please, hear me out.

Canary Wharf is a Border Worlds Exports owned and run station, sporting the title of trading and production hub. My initial reaction to this construction was simply pure joy, something, anything to help stimulate the economy makes me jump for joy, you see. But I soon realized the problem with this concept.

As it stands, Bretonian corporations are doing surprisingly well for themselves, despite the constant state of warfare that the nation finds itself in. I shouldn't need to pull up any form of statistics for that one, as over the course of the Kusari and Gallic War, we have seen the construction of modular stations such as King's Cross, Port Talbot, the Tower of London and now, Canary Wharf. While holding the money is one thing, keeping an economy alive is another.

As you stated yourself, we are in debt. In order to keep the economy stimulated, the people need the money so that it can keep flowing through the nation. The problem, as you may have already guessed, is that we, the people, do not have any money. Greedy corporations are keeping us at minimum wage, hoarding the profits for themselves and putting it into irrelevant projects, while Bretonia crumbles like feta cheese. We need change, we need an amendment.

We need the money to be taken away from the corporations and into our hands, so I propose a simple plan to do so. I call it the Re-Stimulaton Plan:

Under times of war, modular stations that are run by corporate entities in Bretonia will be required to pay a flat rate tax, dependent on the tax factors, alongside a small income tax on the profits that the station makes, if it were to succeed a threshold of 250 million credits per month...

...the tax factors include:

• Current inflation rate
  
• Scale or desperation of war
  
• Current gross income for the corporation
  
• Current gross income for the station.

I wholeheartedly believe that by implementing this tax system, Bretonia can look forward to recovering from the internal crises that she finds herself in, which will then allow her to fend off her enemies. This idea also means that the station does not need to be taken down and still has the possibility to profit generously. It's really a win - win situation.

I do hope you take the time to consider this proposal and the current economic situation in Bretonia.



Ollie Tyres,
Bretonian Labor Party Representative.