Sinclair for Congress
Sinclair
This is my first time running for congress, I’m writing this in Ottawa, so you all know I’m not an outside invader. I am running for congress to achieve a few goals throughout the month of September.
1. Lower all taxes to the following levels; Income Tax 10% (or even 5😵
, VAT to 1%, Import Tax to 10%. Also lowering the minimal wage to 1.00CAD.
2. Not let the congress cause anymore inflation by investing GOLD for CAD, then selling the CAD for more GOLD than the congress started with. Don’t you remember, 0.033 GOLD for one CAD.
3. Start a few hospital and military programs, let the people donate their labour to help out all Canadian Citizens with our much needed hospitals and bases.
4. Create government supported RMs to free at least 3 more provinces by the end of September.
5. Create/Continue an elite tactical team of loyal Canadian Citizens called the RCMP to help with all the RMs.
If you want these actions to become reality, Vote for Sinclair.
Comments
I like all of those goals and i support those, especially the economic ones. Which provinces would you target first and why?
The provinces with high resources that the country doesn't have, which at the moment would be diamonds and iron because we have high grain and oil in alberta and have high wood and oil in the eastern provinces. Then we have to take military bottle neck spots, so we can amass a large force there to protect the rest of the country and not split our forces over all the provinces. But with that said, which ones can't be talked about in public because military tactics should be government sercets until after the battles, but the overall war effort and plan should be public knowledge. I hope that answers your question.
There's one thing I object to: The lowering of the minimum wage to $1 CAD, it's completely against my campaign. Good luck to you goals, and good luck in the elections! 🙂
Artorius Perim
I just viewed your platform and I believe you want to help new players but your logic is flawed. Good luck in your run.
If you lower minimum wage AND lower income taxes, you are going to cripple our government. Raising minimum wage and lowering income taxes evens things out more by keeping the government in the same amount of money, while habing less money in the pockets are uber rich companies and more for people. May I remind you of the cost of food now a days?
Took down food prices for you guys by decreasing taxes 😃
Erm 1CAD = worthless money due to the devaluation in CAD, thus there wasnt even a inflation to begin with. Prices only inflated due to little supply and little competition
Also CAD devalued due to economical sabotage by the french, not even Canada's fault what so ever. 😕 And believe me, printing money is a great way to get money for the government, it just takes skills 😉
But good luck
-TaiwanPanda
To Daniel,
If lowering the mininium wage and income tax will cripple the government then I have an idea, lets raise both; 3 CAD for a minimum wage and set the income tax to 50% and we can see which will generate more funds for the government in the long run and also see if level 0 and level 1 employees get hired quicker or slower? There is more ways to generate wealth than just taxes alone. If you desire high wages; raise import tax to 99%, raise the amount of Canadian businesses, lower the amount of workers. There opposite actions, will lower wages. The minimum wage doesn't help the level 0 players, as much as it helps the more experience players, because businesses are in the business of generating profits and you can't generate profits if wages are set too high from the government. Example, if minimum wage is set to 3.00 CAD, companies will look for higher leveled employees, whom can generate more profit than the cost of their wage, which wouldn't be level 0 or level 1 and maybe not even level 2.
To TaiwanPanda,
Explain to me; what lowered the price of food to 0.88 CAD, at the moment, when it was 2.00 CAD a few days ago. One day after the government changed the import tax on food to 10%, the price of food dropped 35% from 2.00 CAD roughly, to 1.30 CAD.
Printing money is a great way for the state to generate money, but at the expense to everyone who holds CAD. You wont see inflation in prices, you see inflation when you trade CAD for GOLD. You are right with the supply and demand, that is how prices are determined. Tell me is, what would happen if the government, increased the supply on CAD. The price ratio between CAD and GOLD would change by the value of CAD decreasing compared to GOLD.
Also, why not lower all taxes to 0% and just depend on printing CAD to generate our government costs, if it's so easy and profitable. We can just print CAD and trade it for GOLD and have enough wealth to destroy all of PEACE. Too bad that is not how it works.
Finally, if the governments tell the people, that we will not let the CAD grow higher than a 0.030 ratio; that is fine with me because the people could complain to congress if they didn't like that, but I have a problem, with congress thinking that printing money is a good form of generating wealth because it's not. It should only be used to stop the growly of a currency.
Sinclair you are wrong. Let me explain (very briefly, someone else im sure will go more in depth)
1) The only way to increase the amount of CAD is to print and circulate it.
2) The only way for gold to get in the game is, well... levelling up, awards, buying it yourself, etc..
3) CAD only has value relative to gold.
so, the amount of gold is constantly increasing, making the value of the CAD go down constantly. Printing enough money allows one to counter this effect. (print too much, and circulate it too quickly, obviously not great...but done properly, it allows the economy to become more stable) Also, The value in gold that you get for printing large amounts of money is much higher than the cost of actually printing it. So, like TP said, its actually a really good thing if you can do it right.
although your ideas do seem good on paper i find many of them flawed (as many other readers have pointed out) but you are able to defend your ideas which i applaud.
however if you are to run as our countries leader i would suggest you adopt a better way of dealing with opposing minds. your display within this article, specifically towards your detractors like TP and Artorius Perim, and previous ones (http://www.erepublik.com/en/article/free-trade-824052/1/20) like your sarcastic dictionary definition and statements against joelsem have frankly lost you my vote.
your kind of responses and temper is not the kind of thinking that we need in this country right now.
ill await your response to me; a voter.
To jbdivinus
I agree with some of what you say. There is more GOLD going into the system all the time, by awards, players purchasing it, and other means, therefore, currencies should always be increasing it value. Here is my quick basic example.
IF there is 1000 GOLD, 1,000,000 CAD and 2,000,000 USD in the system. What should the value in exchange be? 1 GOLD = 1000 CAD ; 1 GOLD = 2000 USD ; 1 CAD = 2 USD
IF a week goes by and 1000 more GOLD is put into the system. What should the value in exchange be? 1 GOLD = 500 CAD ; 1 GOLD = 1000 USD ; and 1 CAD = 2 USD
What if Canada issued 1,000,000 more CAD? 1 GOLD = 1000 CAD ; 1 GOLD = 1000 USD ; 1 CAD = 1 USD
Now it's not that simple. What if no one using USD anymore, would it have a value? No, if no business, no citizen, no government uses a currency, it has no value because there is no demand.
If many players quit the game or many players just hold the currency, basically taking them out of the system, the currency will gain in value because there is less supply in the system.
There are more factors, but that is for another time.
CAD doesn't only have value relative to GOLD. All currencies have a purchasing power. With my first example, 1000 GOLD, 1,000,000 CAD, and 2,000,000 USD in the system, what if I wanted to buy a house. I would look for the lowest price. Example. Found one in Canada for 250 CAD, but also found one in America for 450 USD. Which is better buy? The American, but then you find someone who wants GOLD and will give it to you for 0.4 GOLD. Now that is the best price. All currencies have a purchasing power, well, not all. CAD had no value until Canada was back on the map. GOLD is a special currency, that is why we normally compare currencies to GOLD, but we could pick CAD or USD or any other currency to compare all other with. You could call GOLD the reserve currency of this game.
To Sage Marshall,
You are right with this statement I made
"I just viewed your platform and I believe you want to help new players but your logic is flawed. Good luck in your run."
I will update it
I just viewed your platform and I believe you want to help new players but your logic is flawed with the minimum wage. Good luck in your run. Keep helping the new player.
Also, here is his article Sage Marshall. You can view my comment there too.
http://www.erepublik.com/en/article/artorius-perim-for-nova-scotia-congressional-election-900301/1/20#comments" target="_blank">http://www.erepublik.com/en/article/arto[..]ents
One thing that no-one seems to be mentioning is that Canada is now a shadow of its former self, size wise. From a new commer standpoint shouldn't we be more worried about reclaiming our country rather than dickering about wages?
To macus
Yes we need to reclaim the country back but without cheap goods for our citizens and new forms of taxation to boost the economy, it will take more time to get our country back.
I have no problem with the lowering of the minimum wage, to profitable levels for corporations. Business exists to generate wealth. The new citizen fee handed out by the government should be set to a sufficient level that newbies don't have to worry about food until their skills are high enough to support their consumption. The welfare should be a burden of the state not on business looking to hire new people.
Lowering of the income tax to 10% or below when the country has some border security would encourage new businesses to invest. This would increase the demand in the labour market thereby increasing wages while driving down prices with more competition. Government revenues should actually increase even with a lower margin of taxes.
Targeting an exchange rate of CAD for Gold is fine. Inflation is a stealth tax, theft by the government. Printing of CAD should be in line with economic growth.
The magic formula for economic success is low taxes and a stable currency. I think Sinclair has an excellent grasp of that.