Join the new world

It may have come to your attention that I am running for office.

My goal for this parliament is to reform our economy.

Many things have changed recently, the most important being the structure of the economy. Manager working has created a plethora of companies, introducing a new vibrancy with a dark side. The average company has less than one employee. This means most companies are owner run at the cost of 10 wellness. No employees, no salaries.

Let's look at our tax system. South Africa currently taxes flat rates across the board. There are numerous problems with this approach. Firstly, if the average company has less than one employee, is means we only generate Income Tax from profits being removed from companies. Since the first trick all company owners learn is to use the Money Market to move profits, it means we are generating little to no taxes. The entire balance of taxes has to change from Income based to consumption (VAT) based. I would take it as far as reducing all Income Taxes to 1% to encourage companies to lose a little profit to government coffers for the convenience of direct transfers.

Miyagiyoda stands for 1% Income Taxes

The current system of resources also means that we no longer compete effectively. Raw material are a basket case since we don't have Grain, Iron, Oil or Stone. The 1% Import duty and 1% Income Tax should move manufacturing to compete more effectively. If we ever gain a Raw Resource, then we can make a killing.

Miyagiyoda stands for 1% Raws Import Taxes

Manufacturing is a little more complex. Effectively, we have a 5% disadvantage for every Resource we lack. Other than gaining more resources, and trading our duplicate Resources for different ones. The only way for us to compete is to reduce our Income Taxes to 1%, have a flexible Import Tax based upon resources we hold, and a standardised VAT rate.

The Import formula is simply:

Base Import Duty (5😵 + 5*(Maximum Resources Bonus - Current Resources Bonus)%

Food = 5+5*( less )
= 5 + 5(5-2) = 20% Import Tax.

Weapons = 5+5*( less )
= 5 + 5(5-2) = 20% Import Tax

Moving Tickets = 5% + 5% (0 - 0) = 5 + 0% = 5% Import Tax
Houses = 5% + 5% (0 - 0) = 5 + 0 = 5% Import Tax

Other constructions are a special case. The current rates are fine, except that I would drop Hospitals to 1% Import Duty since only government buys these anyway. Why pay ourselves?

The formula allows local businesses a 5% margin, and off-sets the penalty for not having a resource, making local businesses competitive locally.

Why not have the cheapest goods in the world? Gold deficits. Every time we import goods, South Africa loses Gold as the profits are exchanged back abroad. To preserve our ability to function, we need to prevent Gold leaving our shores. Import duties do this. Done right, the enable us to buy local while remaining competitive.

Miyagiyoda stands for flexible Import Duties

VAT affects everyone equally: local and imports. I advocate a 15% VAT rate to start generating income for government again. We need money for MPP, Training Wars and new player support. The higher VAT also means that the ZAR's circulation increases which will hopefully (with Land purchases) offset Gold demand somewhat.

Miyagiyoda stands for 15% VAT

This agenda aims to revive the South African economy so that we may function in a world with ever increasing pressure on small nations.

Miyagiyoda stands for a vibrant local economy

Miyagiyoda is a candidate in Mpumalanga for the Independent Alternative.

Choose progress
Choose a future
Choose Miyagiyoda

Amandla, Awethu.