How Your Taxes Are Spent
Day 965, 08:57
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Published in USA 
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by
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by Dr. Tango
Seems to me, there has been a lot of confusion about where your tax dollars go (besides to evil socialist elites). Its not only a recent thing, this has been a problem sense I have been playing. I figure it is high time everyone gets this explained to them.
Many assume that tax dollars go into paying out the budget. That misconception comes from a lot of things. For one, that is how it works in real life, and it is hard to get rid of rl concepts. It is also come about because thats how old guys explain it to newbs. They do this because either they don't know it themselves, or because they don't want to give the long explanation.
This is what we actually do with that USD we take out of your wage everyday:
You may notice that Congress donates USD to the Congressional Budget Office (CBO) nearly daily. That USD is coming from the country accounts, which is where all tax dollars go to. The donations are Congress'sway to transfer the tax dollars to its main monetary office, the CBO.
From there, the Directors of the CBO (myself and Batterytime) post offers on the monetary market offering to sell the USD for gold, at a rate called "The Peg". As people, mainly citizens like yourself, find the need for USD, often the CBO is the place they go to in order to buy it. We typically get about 4000 gold a week from these sales. We then distribute that gold to the military and executive departments, based on how congress apportions it in the budget, which is set every 2 months.
So thats how the budget is paid, everything is fi
WAIT A SECOND!
If we pay the budget in gold, WHY DO WE HAVE SUCH HIGH TAXES?!!!
LOOKS LIKE ITS TIME TO KILL CONGRESS!
Well, not exactly. note: Its always time to kill congress, just not for this reason
We need to get a lot of USD from taxes for multiple reasons, mainly relating to issue moneys.
Issue money proposals are Congress's way to print more money. We do it at a rate of 200 USD per 1 gold. The gold is sent to the admins and they send us the USD to the country accounts.
We constantly need high volumes of USD in the CBO. The only ways to do this are taxes and issue moneys. Taxes are by far cheaper, so we focus on them so we don't have to take away gold from the military to print USD.
The other part of why we keep taxes high is because issuing money has a very bad consequence.
Low taxes and constant issue money proposals leads to increasing larger amounts of USD in the system. As we put more and more USD into the economy, and take less and less out from taxes, we will see decreased CBO sales, so we will have no gold to use (which is VERY bad).
Is it a little mean? taxing so people have to buy from the CBO? yeah, a little, but it is needed to keep our country strong.
So thats where we put our taxes and why we have high taxes.
If you feel I did a crap job, feel free to ask a question in the comments.
-Tango
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US has the highest tax rate in the world. Just sayin.
Well explained.
Awesome article. I can honestly say I understand more now. Thank you.
Awesome article. I can honestly say I understand more now. Thank you. x2
Voted.
Thanks!
Good write up Dr T
Great article
Dr. Tango is right.
I DON'T WANT TO KNOW THIS...............
NO DADDY NOOOOOOOOOOOO!!!!!!
Awesome article. I can honestly say I understand more now. Thank you. x3
we need to urge the public to buy from the CBO even when they're not the best price offered.
Call me stupid or call me ralphwiggummm...
1. you collect dollars from citizens by taxing them
2. you use the dollars to fund various groups and secret societies which we never get to learn about.
3. you take the rest of the money (undisclosed percentage)and use it to buy gold from citizens.
4. you send this gold to the admns to exchange for dollars.
5. you feel a need to give congress lots of dollars(why?).
A couple of questions:
1. Why is erussia able to keep most of their citizen taxes at 1%?
2. Why does congress feel the need to spend lots of money?
3. How does congress distribute this money (yes, names & numbers)? We are a democracy we should know. I can go and look at the erussian defense budget any time I want.
4. This all sounds like a vast redistribution of wealth scheme--prove me wrong!
very circular.
Why are our taxes higher than other countries?
ralphwiggummm please read http://eusforum.com/index.php/topic23881.0.html">http://eusforum.com/index.php/topic23881[..].html
Very well written. It makes a lot more sense to me! Thanks, Dr. T!
Ahhh... Ralphy, there are no "secret societies". Personally, I consider this to be a failure on America's part, because secret societies would be so AWESOME.
@cowboy holdings
read the entire us forums? is this some kind of punishment(or bizarre secret society ritual)?
Thank you Tango. RESPECT your way for this 🙂
Reprint this every month, edit/add whatever. We need to get this lesson regularly, people need the opportunity to ask questions about this regularly, our society constantly has new players.
And you're one of our most trustworthy and capable economic minds.
@Ralph post your questions on the forums.
Arthur Brian was here. Voted and subbed
Yo Patton---
I believe the author asked us to pose our questions here.
Reading problem? I think not.
Ralph,
All the tax dollars go to SELLING for gold (not buying). we don't send it to any orgs (except every now and then when we for some reason have to pay out in gold). Where we send the gold is listed in the budget I linked in the article.
We only buy dollars when taxes don't give us enough USD, and its pricey, so thats why we have it. We never send money to congress, they send the tax money to us.
Please re-read the article, it says everything I just said.
1. Why is erussia able to keep most of their citizen taxes at 1%?
Because they don't have alot of demand for their currencies? plus multi farms get them alot of their gold, rather than currency sales.
2. Why does congress feel the need to spend lots of money?
Answer that with another question: Why are we such a strong power for our size?
3. How does congress distribute this money (yes, names & numbers)? We are a democracy we should know. I can go and look at the erussian defense budget any time I want.
You realize thats what this article explained right?
and that budget I linked in the article? what did you think that was?
4. This all sounds like a vast redistribution of wealth scheme--prove me wrong!
It is a redistribution of wealth. All taxes are. I don't get what you are getting at. We take money from everyone, and give it back out to anyone active enough to get involved in any way (you could get your taxes back just by logging on to the forums and requesting guns once a week).
Why are our taxes higher than other countries?
see my response to the other question like this.
Reprint this every month, edit/add whatever
I want to write a series of articles like this, so I will link them all in one article in the end and reprint it monthly or so.
Dr. T
Thank you for your response!
I had missed the link to the budget in the article (actually I had a difficult time finding it even after you pointed it out(you may call me stupid--or ralphwiggummm).
erussia's 1 & 10% taxes were created to encourage investment and they have circulated several articles to draw workers and companies to their country. To what effect--I'm not sure.
high eus taxes seem to be working for the eus economy (kudos!), but with v2's economic disarray and the increased cost of houses (due to their time limitations) I fear a productivity collapse in the economy. Do you share the same fears?
respectfully yours,
ralphwiggummm
Thought you quit, Tangsters.
You forgot to add the part where some of that tax money gets skimmed off the top so you can train and buy companies 😃
This was a long time coming; thanks for publishing this.
Voted.
Subscribed.
Bookmarked.
Thanks for this article!
Your link to the budget needs to be a ? before topic, not a /.
http://eusforum.com/index.php?topic=23881.0">http://eusforum.com/index.php?topic=2388[..]81.0
Hmmmm but like the first comment, we have the highest taxes in the world. I know america needs the money to be strong but would a 3-4 percent decrease in the tax percentage kill america?
This article was informative and did answer some questions for me. However, I still have a few questions...
Is there any oversight on these transactions? Is there a way that the citizenry can be assured that their tax dollars are all accounted for? Is there anything in place to keep an "Aiden Astrip type" of accounting error/mis-communication from happening again?
Are we left to just "trust" those that take and spend our money?
I don't mind paying high taxes as long as I can have faith in the process. I'd prefer not to fund some economic guru's businesses.
>Is there any oversight on these transactions?
Most budget line holders make reports about the use of their gold to Congress, some in public, some (military) in private.
If you mean within the CBO, we track how much we make in sales and report that to congress and I always try to keep congress in the loop, even via giving a run down while on the IRC
Voted and subscribed. Thanks!
My good Dr. T, I think I just jizzed from your pure logic article.
Voted + Subbed. Should have done this sooner.
Oh, so the eUS only gets gold if people buy it on the monetary market... I will definitely buy gold from there now.
I think that a Citizen Oversight Committee needs to be set up so that eAmericans are assured of the funds being properly spent on MT and weapons. I want to be assured that gold is not being used to rank up players by providing gold for training, if anyone gets to train on my tax dollar it better be me.