Lemonian Economic Plan

The Lemonian Economic Plan, or the LEP, is a proposal written by BFDIASpongyFTW, which proposed the creation of a Lemonian Economic System, and outlined what it would look like. It was proposed to the Senate on 9/14/20 by Notforc2, and although a vote was never officially called, all Senators approved of the Plan, so it was passed, and is currently awaiting a Presidential Signature. The plan reads as follows:

1. A Lemonian Curreny will be created, the Lemonian dollar (L$), which is equal to the United States Dollar (USD$), as well as Lemonian Cents, which are equal to United States Cents.

2. The National Bank of Lemonia will be created, who's leader is a pointed by the President, and who's job it is to keep track of the balance and income of all citizens. The bank can also give out loans, and create new money to give out via loans (i.e they don't have to obtain it from somwhere)however, they can only create L$200 per week.

3. The Department of Services will be created, who's job it is to give citizens a platform to advertize economic ventures, and promote entreprenuership throughout Lemonia. Their Leader is also appointed by the President.

4. The Department of Labour will be established, who is tasked with guaranteeing good working conditions of Lemonians, and preventing the corruption of business. Their leader will also be appointed by the President.

5. The Nation Minimum Wage will be set at L$10/hr

6. An income tax will be established, set at 10% of a persons income. Taxes are paid on the 30th of every month.