Tax Holiday - The Rambles of a Greedy Man
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by Delica
This is related and direct answer to this article: http://www.erepublik.com/en/article/enorway-tax-holiday-1272341/1/20
What is this pure bullshit? Have you no clue what so ever on how things work? High tax on food? You know that the IMPORT tax was risen due to the influence of foreign companies ruining the Norwegian market, which resulted in that wages for workers were cut drastically? Skill 7-wages went down from around 40 NOK to as low as 25 NOK. That's 15 NOK or nearly 40% reduction. Food prices for Q4-food sank from 9 NOK to 5 NOK. So, the average worker actually lost money every day on the "cheap" food. Of course there are many factors and industries involved, but food and weapons being the biggest ones, they have the most impact on the economy.
Another thing that is pointing out this mans crazyness: Q1 food cost around 0.6 NOK. It's next to nothing, it's less than minimum wage, it's half of what it was a while back, when it still was lower than minimum wage.
The import tax is highly necessary to maintain stable prices and wages for workers. In fact, after the import taxes was increased, Delica has once again been able to increase wages for their workers after the cuts we had to implement. And more increases coming soon, which more than enough will account for the slightly increased (normalization) of food prices back to where they have been most of the time.
Delica has no intention of increasing food prices above what is normal. Heck, as the market is now we could easily increase Q4-food from 7.99 to 8.99 - but we don't. A slightly slow increase will happen as we at the same time increase wages, but we aim to keep it stable around current levels.
The only tax that the consumers directly notice is the VAT, which adds to the price. The income tax is something the workers notice from their salaries, and that is the same for other industries. Also, income tax comes into effect when companies cash out profits.
Let me guess, you are directly or indirectly associated with a big company who has lots of NOK or GOLD that you want over to your private account? So that's why you wanna get rid of income tax, to exploit the system?
This again, fellow friends in erepublik, is a purely egoistic thought from a person who only want to milk profits.
By allowing a "tax free" day every now and then, no companies what so ever would take out profits except that day, and the income tax would in reality be zeroed for all but the hard workers, which would not be very fair.
Of course, Delica would profit as well from this - of course we would exploit the system if such a thing went through as a reality, but it is not fair - and the only reason that RussK "McDuck" wants this is somehow to profit bigtime on it. I haven't bothered to do detective work on his relationships with companies affected, but believe me when I say it: This has nothing to do with food prices!
We do not want lower income taxes, we think it's fair that a company has to pay tax if it takes out profit to private accounts. With this tax holiday, companies would in reality get no income tax at all.
-Delica out
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As added info: Income tax is NOT added to the price. By reducing income tax you will not see any other effect than:
Workers in food companies will get no tax on their salaries.
Workers in other companies will have exactly the same food prices.
By removing VAT, you will see a reduction from 7.99 to 7.76 NOK on Q4-food.
Your comments are quite a joke. Do your detective work, you'll find that I'm associated with no such entities, only the country of eNorway. I am only interested in allowing people to keep some of their money and reducing food prices. High food prices are not worth keeping you in business. Your statements admit that the food market has been rigged only to prop up expensive food. That's the only bullshit here, and it is pure cronyism.
BTW, your company is usually who I buy my food from.
I just noticed the words "Greedy Man" in the title of your article. Please, tell me, who is the greedy man here? You are the only one that owns a food company, which is propped up by prices controls that fleece the eNorway citizens. I'm sure getting rid of price controls that lower the cost of food does upset your false GREED.
You insist that eNorwegians pay more for food, so your company stays in business, reaping the rewards; and then you call ME the "Greedy Man."
For what ever reason my last post didn't get submitted, and I'm not interested in writing it again. An answer to #9 will have to suffice, which will address other questions, in essence.
9. Nothing in that statement identifies you as a greedy. What makes you the "Greedy Man," as you title states, is your insistence that the tax policy of the country protect your business, at the expense of the cost of food. I'm not willing to keep your business alive so I and other citizens can pay extra for food. Also note, that I'm talking about a one day event. Your response to this one day event is quite telling. You perceive some sort of loss of control of the government being able to keep your business alive.
Lastly, I guess this will go to answer #4, the food industry was picked because it directly affects wellness and is purchased on a more regular basis. Nothing more. You are the one who owns a food company, not me. You are the one profiting here, at the expense of eNorwegians.
You don't answer the most important thing about my article, why you want to remove income tax when it has nothing to do with food prices, and that it in fact only will lead to that food companies can cash out profits without paying tax. Products on market itself is not influenced by income tax!!
With your answer to comment nr 4, you clearly show that you don't know how taxes work 😉
I point to my point number 8 in my previous comment.
Your lack of answering my points show that it's clearly something fishy about your agenda.
-Delica out
Voted hard, and thank you!
What I can add to this, is that the people recruited from Objectivism Online, started a bunch of companies, but there are very few players left.
For the history of the Kapitalist Partiet, interesting readings can be found here: http://forum.objectivismonline.net/index.php?showtopic=17403" target="_blank">http://forum.objectivismonline.net/index[..]17403
Delica: Income taxes DO affect the price of food. If the income tax is reduced, company owners are able to keep more of the money they earn, enabling them the option of -lowering food prices- or -stabilizing- wages; it also allows the workers to save their money and use it as they see fit. You tell me that it has no effect, but what would happen if the income tax was over 15%, say 30-50% as an extreme example? The costs of that tax would be reflected in some way to the consumer or worker, or both.
Can you see my other post, where I answered #4? I cannot see it, I didn't think it was posted. If not, I don't care if weapons companies have the same tax holiday. Food was selected because it is directly related to wellness and is bought more regularly. I also know that a reduction of all taxes to 0% is impossible in this game...
#8 Is just a libelous statement. You need price controls to keep your company in operation. You're only afraid that this one day event is somehow writing on the wall that your buddies in government won't be able to protect your company anymore from cheaper food prices.
Sebulba: You are right, most have left the game. I'm sure the advertisement is appreciated.
For the last time, lower income tax won't mean shit to prices, as it's been the last months, it's been all about selling enough food to maintain wages and even survive. Delica hasn't cashed out a single NOK or GOLD for many, many months. And when Delica eventually cash out, it should pay taxes like everyone else. Companies don't pay tax until they decide to cash out profits.
I've already answered several times what will happen with reduced food prices: reduced wages. If you don't get that, you clearly have no idea how things work at all - you are just talking bullshit 😉
There is NO REASON WHATSOEVER that reduced income tax FOR A SINGLE DAY A MONTH will help workers - they will get 2-3 NOK extra per month... But the companies, which I'm sure you are deeply into, will be able to leech profits once a month without paying taxes. Removing income tax permanently? How will Norway earn its money? Lottery? Hah 😉
Again, you don't answer any of my statements. You are just writing random words about things you don't even know about. Please - why don't you start up your own food company if you think prices are high? Try to see how much it cost to produce food.
Another fact - Delica currently sells food in Spain and in Ukraine, in addition to Norway. Norway is where we sell our food cheapest and earn the least, even though the other countries have much higher taxes for us than Norway.
And lastly, for the 100th time, you clearly have an agenda with removing the income tax. Everybody sees that but you - it's actually quite funny how silly you think we are 😉
This is a one day event; I never said anything about grand earnings. There's no way that reduced income tax will help workers? 2-3 NOK extra. Seems like a good benefit to me. I'll let others decide if they want to keep their 2-3NOK. Income tax has no effect anything? How much food can 2-3NOK buy? Hell, at current prices, that's almost 6Q1 food; if that food is too poor for your blood then donate it. As a matter of fact, there are some great programs in operation right now that take donates of food, etc...
I don't have an agenda. You are the only one with an agenda, as you own a food company; and you are, for whatever reason, scared that the government will cease protecting your business with protectionist price controls that increase the price of food for all citizens. How about some facts about my supposed agenda? Or are you just intent on continuing to try and manipulate the people with libelous statements?
"You are the only one with an agenda, as you own a food company; and you are, for whatever reason, scared that the government will cease protecting your business with protectionist price controls that increase the price of food for all citizens."
I fail to see how removing all taxes so HE can make a profit, makes him have an agenda? Where's the logic? I see a man who is concerned about the future of eNorway and it's loyal citizens. He has nothing to gain from saying no to this, except it makes him a decent man who understands these things are necessary for the safety and well being of this nation, and everyone who call themselves eNorwegian.
If he is concerned about the welfare of us, then he should be ready to support cheaper food prices. Unfortunately, reducing, even for one day, the 50% import tax scares his bottom line. Most of the elite class of the population and government representatives seem totally interested in protecting Delica's business, at the expense of a cheaper cost of living.
Please read above article...
This is not a matter of Delica at all. This is a matter of Norwegian companies, Norwegian citizens, and Norwegian interests and souvereignity. We are protecting Delica's business, like all Norwegian businesses - because they are Norwegian. Not on the expence of a cheaper living cost, but for the greater good of all Norwegian citizens.
Please take in some of the cons as well, like all Norwegian food companies can get away with not paying taxes. Do you have any idea about what this will mean? Or is it just your default answer to everything; Taxes are evil?
If you take away one way of surviving, you need to provide an alterntive to the problem - where do we get the money Norway lose, to be able to pay the monthly fees?
The greater good. I love it. Propping up businesses with protectionist tax policy is only good for a few things: inflating the price of goods and preventing newer companies from being created to clean up the trash. Whats next, is the government going to start buying food from failing companies, just to keep them afloat? Anyone out there interested in starting a food company, take note: what you've witnessed here is a civic lesson in crony capitalism, and you've probably got no chance.
Btw, what you and Delica have been doing is trying to shift the discussion towards the consequences of a permanent tax relief. While such a thing would be a nice goal, and I don't mind talking about that topic, such discussion doesn't apply to this 24-hour proposal. Feel free to keep putting words into my mouth though, you're usually spot on.