Bad economic environment
ExxonMobil
Some days ago I bought a license to your country. It seemed a wise move because you don't have high grain region. I sold grain at a reasonable price which helped to decrease food price. In fact the price I asked for the grain was the lowest on the market. Than I logged in today and the following message shocked me a little bit: Grain tax change accepted, new import tax 60%. How do you want to keep low food price if you don't generate competiton? And with this high tax you only support the black market. As I wrote earlier I don't want to skip the offical market, but you give me no choice.
Tesus
ExxonMobil
Comments
I do feel for you man, these import taxes promote an isolationist policy which is always a bad thing. I say we lower the income taxes on things like oil and stuff, seeing as we need lots of raw materials for making food, weapons, houses, etc.
Tesus! Please read the revolt brewing against the Philippines! The people see the government not feeding us! The people understand that each day our wages are below the lowest price of food! The people are suffering and the government doesn't care! Here we see more evidence that the government is doing everything they can to keep poor people from ever rising! All they need to do is open the market for a little while, let us get some food to survive, then they can worry about trying to have local food! Please, leave this country before the powers of the world force the government to change!
😁😁^
that comment is full of crap
the Spanish came here and ruined everything that's why people are starving
oh also...dont complain about taxes because u lose out on money...the country cannot run itself without money can it?
Food should always be cheap. 60% import taxes on grain is the government making money by starving the citizens, and that is no way to run a country.
I guess it's an attempt at protectionism for fledgling industries, which, since ePhilippines is a young nation, I would wholeheartedly support - provided that the country can support itself. Is ePhilippines self-sufficient in grain?
😁😁 yes we have good grain regions
also food shoulnt always be cheap...or no one will make food company's as the food will all be around 1 PHP and then we would Starve
no one is starving from this move, only company owners wallets
Protecting your emerging economy with high income taxes is a good idea. But only in that case if you have high region such as oil in Palawan. In other cases it's useless. Just look at the Hungarian taxes. Only grain has high taxes (99😵 all the other raw materials have NO import taxes http://www.erepublik.com/en/country/economy/Hungary." target="_blank">http://www.erepublik.com/en/country/econ[..]gary. It helps the country to prosper and keep low prices.
just had a look at the market
There is Currently, 639 Q1 Food Going for 2-2.05 php , if u cant afford that... which is impossible btw... min wage = 1php + the money u get for just joining up
and as soon as u work for like 2 days...ur skill has increased giving u a higher WAGE its pretty much that simple...
no one loses out on any money and no one is starving UNLESS your not buying food..😛
If you looked at the market before the tax change, You could see that the price of grain per stock was around 0.7 Then today it has rised to 0.9 Does it help your country to provide cheap food? And if I sell the grain on the black market the country will lose tax income.
A quick history lesson.
The Philippines was PTO'd by the Brazilians. Food prices sky rocketed.
Last month the FPM government fixed the economy and food prices lowered significantly.
This month the Spanish PTO's the country and screwed up the economy again. Food prices rose, and their companies from Spain tried to tank our economy by importing stupidly cheap grain.
The FPM-PFF coalition regained control and raised import taxes to prevent these external companies destroying our economy. This should stabilise our economy and over time food prices should right themselves again. Sadly these things don't happen over night.
A few facts for you on the minimum wage.
The citizen fee is currently 5PHP, along with the 1PHP minimum wage you can easily afford food for the first few days.
After a few days of working your skill level will increase.
Any good company will increase your pay when your skill increases. If they do not, this is not the governments fault, but the fault of the general managers.
If you are still on minimum wage and have a higher skill than 1, may I suggest that you resign and work for one of the State Owned companies that have fair wages and don't make profit (thus lowering their product prices).
HazzN has already explained why you can afford plenty of food all through the first week and onwards. Also how food has come down from around 6 to often 1.5 PHP if you grab it quick or 2 consistantly.
To answer the first question without going into the price as much, I think if the country continues to grow (was around 200 people not long ago and now over 1000) there will be a need for more grain for sure. Things move quickly in the current market beleive it or not since it's a small market, and so any change has a big impact. This is also responsible for the big differences (fluctuations) hour to hour or day to day here compared to bigger countries like UK.
I have a grain licence from UK which helped feed the market in the past, but now it costs more in gold to produce grain in the UK (even at twice production due to high region) due to wages than it would to do in the Philippines. This makes my license a bit worthless as I loose ALOT of money importing here now. But I don't mind at all! First I'm proud to have helped the market get to this stage, second I just sell in the UK now and make sure I have some stock ready, that if there's ever a shortage in the Philippines I can instantly help by putting some on the Filipino market where I break even and thus help without loosing or making money.
If you tuely want to help and not just make profit off the situation, maybe you'll do the same. Otherwise looks like the economic gamble hasn't paid off for you but that doesn't mean it won't be helpfull in the future when Philippines is a top country in the game which most of us here hope it will be and are working TOGETHER to acheive 😃
Citizens! The poor people's wellness falls everyday because they can't afford Q1 food and Q2 food is a dream! By the fifth day in eRepublik, people starve and their wellness doesn't go up because they can't afford Q2 food! Exxonmobil is here telling you that this tax is hurting his ability to keep food cheap! Why aren't you listening you him? It's because all the people complaining about the cost are not the ones starving! The ones that say this is a good tax to help our country are the rich politicians that will be overthrown when the world attacks!
😁😁😁😁😁 more crap
the reasons they're not listening is because they trust us more than they trust you and this guy...
simple put...no amount of complaining and making up random bullshit claims will get u anywhere here
day 1...
you join up u get 5 php
u get a job for 0 skill you get 1 php
in 1-2 days u will get a higher wage of 2-3 PHP making is easy for you to afford q1 food... if ur wage hasn't been raised...quit and find a new job because ur GM is scamming you
all i see here is a call from a man who wants to make more money...and you who are backing him up
lol @ Erik Hagen
ExxonMobil is a foreign GM who is annoyed that he can't make a quick buck here anymore. We have our food grain resources, we do not need to import more grain. I also refuse to believe that he can sell grain here cheaper than we can. There will always be an import tax of some kind, and he needs an export licence. He's taking advantage of the fact that SGV upped income and VAT taxes to 99% and local GMs have yet to recover their losses (thus perhaps selling at a higher price.)Once they have our grain prices will drop. However, by letting companies like this undercut them, they will never recover. We will become a nation totally dependent on external providers, which leaves us very open to being scammed.
Welcome to the Philippines, Erik Hagen.
Are you starving now? I could lend you some food if you want? Do you know of other people who are starving?
http://www.erepublik.com/en/article/editorial-grain-import-tariffs-too-high--796346/1/20" target="_blank">http://www.erepublik.com/en/article/edit[..]/1/20
:/ this is pretty sad. we have the same situation in Brazil economy. no competition with foreigners - all prices are high. ppl can barely earn a living with these high prices