End of term
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by wingfield
Well, the month is coming to an end very fast, so I thought that I'd do a brief report and submit myself to the judgement of my party and coalition colleagues (WRP & ESO) before running again.
Firstly, we had a functioning Congress this term - always good for democracy. Of course there is never unanimity but things were thrashed out and the usual cooperation took place on MPPs, stopping dirty tricks such as impeachments, money theft and the like. I am happy to have been involved in two successful proposals, one being to drop the work tax to 2% (and leave it there) and the other to impose a modest import tax on housing.
What I liked best about the housing import tax was that it immediately drove away a large scale product dumper from the Q1 market, thus giving local company owners a better chance of making sales.
With the sudden imposition of the new mission, we also saw some fluctuations on the food market. This made me wonder whether a broader based import tax should be considered for other products, again at modest levels. That will be something for the new Congress to consider.
It has been an honour to serve the country this month and, subject to party discussions and the actual voting, I hope to do the same next month.
I can't close without reflecting happily on the efforts by so many people to thwart the two coup attempts. Long may democracy thrive!
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Primo!
Congrats on a good term! Lots of love, ESO 🙂
A term well handled, wingfield. I hope to see once again elected into Congress o/
Well said!
Voted & endorsed
o7
"Firstly, we had a functioning Congress this term"
If we did have a functioning congress that's definitely a first
Congrats on making Q1 houses about £30 - £50 more costly.
For those of us who make their cash on the OT method this was a very nice kick in the pants.
At least you managed to become the 'UK producer' of choice in Q5 though so at least the suffering of the few had some benefit for the rich kids.
I honestly don't know how you can be in the 'Workers Rights Party' and spearhead policies that have such a negative effect on us workers...........unless ofc the 'rights' you refer to are slanted more towards the owner then the producer.
If folks can't make a profit here due to our high wages they quit. Buying home grown/built stuff helps our overall economy AND keeps wages nice and high without pissing off producers too much. I think atm we have a good balance.
There are no homegrown (made in UK regions) houses - We don't have the bonuses for it.
At best we have UK players with factories overseas (thus no tax to UK). They are therefore producing with same bonuses as other nationalities yet they charge a greater amount of CC per unit to anyone buying on the (captive) UK market.
So those like me who are on the OT profit path move overseas (Brazil today) to get cheaper stuff and the CC I spend goes to that government not our own.
They don't understand, Manny. As long as their profit remains healthy, to hell with anyone else.
There is no profit, well at least not for me - I must be getting it wrong somehow. What it does is stop foreigners dumping on our market and thus stopping our citizens selling stuff that they've paid to produce. That is the only reason for protecting eUK producers with a small tariff. Too high and the local prices skyrocket and we all lose. Too low and there is no point bothering. Set the right amount and we all benefit from the protection in one form or another. Many countries have 50% to 99% tariffs and only locals can sell but their prices still remain stable but those are the countries with very big economies, unlike ours, which is medium at best.
If you are as big as Huey you can probably manage to earn from building houses but for most of us the cost of wages and house raw materials can be up to 25% more than the actual sale price. I make a bit from the sale of other things from my work as manager activities but it does not make up the difference. I only stay afloat on wages and overtime plus the occasional CO income. If it takes a few weeks to sell a Q5 house I find myself running down my gold just to pay wages.
You need to do the sums and look at everything before making insulting comments at people for advocating particular changes. It also helps to have been playing for more than just a few weeks before saying those things as well.
Okay lets do some sums....
Assumptions;
You do not produce houses within the UK because you're not stupid and in fact are smart enough to be producing in a region like the Canary Islands so you have a 118% Bonus.
You are not a UK/UK producer but a UK/Forig producer competing against Forig/Forig producers.
BASE COSTS
A) 25 workers @200cc to make a house at total wage cost of 5,000cc
23 RM workers @ 200cc for cost of 4,600cc
Base cost of house is 9,600cc
or adjusted for VAT = 9,696cc
😎 or you buy your HRM for 4,920cc for a VAT adjusted cost of 10,020cc
UK TAX PROVIDED
In scenario A you add 38.4cc to the UK account through work tax, scenario B pays 20cc (assuming HRM was bought overseas in the cheap markets).
MARKET COST
Using current prices on the UK market;
the UK/Forig provider (you) is charging 880 to 1,204cc more then base cost either because you are a gouger or your factory is inefficient (wages, location, not shopping for deals)
The actual forig/forig is charging 385 to 724cc more then base when you add the 5% import tax
...........or if you are the kind of player who actually can make use of a Q5 house (someone like Frag or Jimminy) then you simply use one of your weekly challenge air tickets to hop across to America and buy a house for 750cc under what you are charging!
Then again I/They/You could buy a house overseas and sell it on the UK market for a nice profit and still beat your price!
Actually with the price you are charging a forig with an import licence could beat your price and still make a small profit!
Even at a month old I can see that prices did go up in the crucial Q1 market and all because you want to shift your overpriced high quality goods that are out of the reach of us 'Workers'.
Then again I/They/You could buy a house overseas and sell it on the UK market for a nice profit and still beat your price!
Decided to do this as I now have some money^ 😃