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New Law Proposals- Tax Changes

Day 404, 09:14 • Published in China USA

• by capitacommunist101

At the moment eChina produces some products itself and other products are just unavailable in China. At the moment we produce gifts, food Q1-2, weapons, and the raw materials oil, grain and iron. This gives us a lot of export potential in the raw materials sector. We produce gifts, food and weapons, so we have no need to import them. Shouldn't the import tax be much higher than. For example in the food sector, a Romanian company is now exporting food to China which is quality 3 for a price. But doesn't this also affect our own Chinese companies. The Chinese companies J&J Food, Food for Chinese and the FAO are affected by these other companies. In the long run, this could be mean that all the food companies run out of business and all our food will need to be imported from other coutries.

In the example, isn't there one thing we can do against this though? Yes, we can raise the import taxes to allow our Chinese companies to develop and continue to be the main providers of our own market. This is the same for gifts and weapons, which are both developing markets and China and need the stimulation of our government that we will not allow the market to be taken over by foreign companies. Although foreign products may be cheaper now, it quickly impact the wellness of our citizens and the abilities of Chinese companies to pay jobs.

That is why I will propose a food tax change with the import tax raised to 50% so that we can allow our companies to develop. I hope that other congressmembers will recognize the need for this change and also propose equivalent changes for the gift, weapons, and raw materials industries.

Capitacommunist101, congressman of eChina

Comments

Billy Fleming Day 404, 10:52

Not on food tax. We NEED higher quality food. I need Q3 food everyday to maintain my 100 wellness and China doesn't have the manpower or financial means right now to have a Q5, Q4, Q3, Q2, Q1 operating at once so we must keep our import taxes low to bring in these higher quality foods.

bouyach Day 404, 11:47

the tax is lowered to the house. This allows for a tax increase in food. have a house with the consumption of foods that are not in need to maintain high wellness, I can do when the food industry and the home is growing. for the better still 5% to keep the food market still bustling.

Flem inc Day 404, 18:18

We don't have houses for sale do we?

William Lai Day 405, 02:30

I vote No for increase any tax for food. Same reason as Billy Fleming.

J&J China Day 405, 07:12

@ Billy Fleming & William Lai:
our company J&J food is already suffering from the consequences of he foreign Q3 bread. last week we sold about 20-30 units of bread a day, but yesterday we stuck on one piece of bread. This way our employees will soon be unemployed due to a lack of cash-flow. We afree with capitacommunist101 and speak out the wish that congressmen will support what he proposes.

Billy Fleming Day 405, 07:32

I don't think raising the import tax is the answer. While it will help your company and your employees, it will harm everyone else because they wont be able to increase their wellness.

But your company is important and we should find another way to keep you afloat without compromising the wellness of the rest of the nation.

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