[Update] Work Tax

Day 2,088, 00:54 Published in Norway Norway by Che Kukaken
Copy paste:

Income Tax Replaced by Work Tax
Starting with Day 2,089 of the New World, the officials of the countries (Presidents, Congressmen) will have to decide about a new tax: Work Tax.

What is Work Tax and how is it calculated?

The Work Tax is actually the current Income Tax but it will apply not only for employees but also for the ones that Work as Manager.

Who decides the level of this tax?

The Work Tax will be set by the Congress, they will decide the value, that can be between 1% and 25% from the average paid salary of the country for the last 30 days.

Example:

In country A the average net salary paid in the last 30 days is 10 currency and the voted Work Tax for the country A is 10%. In this case, the value of the Work Tax for Work as Manager will be 1 local currency. The Work Tax will be applied for each company in which a player works as manager. Therefore if a citizen owns 5 companies and works as a manager in all of them, he will pay the value of the Work Tax multiplied by 5. If the citizen doesn’t have enough money to pay the Work Tax, he will not be able to start production in his companies.

When working as an employee, the tax will be calculated the same as the old Income Tax.

This new tax will provide countries with a supplementary source of funding and will give the Congressmen and Presidents a new tool that can help the countries make a step toward improving the state of the economy.