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Chapter 508 - Chapter 486 The Essence of This Administrative System

"Actually, it's not insufficient. Besides agricultural tax, we also have consumption tax and various tariffs."

The Holy Treasury Department has actually estimated the income of the His Holiness the Pope's central authority.

The central authority of Pope Country must have an annual income of 50,000 gold pounds to ensure a balanced budget.

Although Horn has been advocating the concept of a positive deficit, the most advanced concept of this era only believes that there should be a balance between income and expenditure, living within one's means.

Even though the Pope's power is limitless, Horn still tries to avoid forcibly enforcing it using this authority.

Every time he uses personal authority, it incurs a loss of the government's authority.

It can be used at critical moments, but it's better to use it sparingly at non-critical points.

As for the central revenue, apart from agricultural tax, it also comes from other aspects.

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