Why Import Taxes Should Be Lowered

Day 1,061, 02:28 Published in Canada USA by PimpDollaz

I feel that our Import Tariffs are way to high, and thus send the wrong signals to our allies and friends across the eWorld. We have had an isolationist and protectionist policy for far too long, and we would be better off with a more robust marketplace, especially with the increased need to consume food and weaponry in the new military module. We would like to think that we can have our cake, and eat it too, by having a closed marketplace, and access to plentiful cheap goods, but it doesn't quite work that way. Other nations have open marketplaces, and we have access to those places, but they do not access to ours. This is not the proper way to function in an alliance, if we want the alliance to be as strong as it can. Enemy nations can be embargoed in order to prevent them from reaching us, but our friends around the world must exist in a symbiotic relationship with us, and we are not holding up our end of the bargain. We have already refused to rent a titanium region, let's not continue down the path of economic hermitism.

Lowering Import Taxes will make us more powerful as a nation. People want to buy weapons in order to fight, and fighting with weapons is a more efficient way of winning the battles we need to win in order to have a more secure nation. The better our marketplace is, the more powerful we become, as people have access to a larger supply of less expensive weaponry.

Nobody wants to be stuck in a country that has a stagnant economy filled with overpriced weapons that never sell, and only a handful of companies that are essentially keeping the prices inflated, and not making as much profit as they can.

We should never underestimate the necessity of civilian damage. An armed populace is an effective fighting machine. Civilian damage is still more effective than tanking in everyway, as long as MPP's are maintained continuously. Having a properly equipped populace means having access to the top end weaponry. We cannot do that in our current state of taxation.

Right now, q5 tanks cost upwards of 30 CAD on the market here. We cannot be strong as a nation and defend ourselves from attack if our access to high end weapons is both scarce and expensive. If you want a Q5 Rifle, then there are only a few market offers, the lowest offer starting at $40. We don't have much in the way of high end artillery in this country. In fact, there are no market offers for Q5 artillery. I find this to be quite unacceptable for a nation such as ours.

Sure, I'm using Q5 as an example, but take a look at the housing market, and you will see that any house that gives a decent amount of wellness is humongously expensive. There is also a real lack of variety compared to nations that have a less hostile tax structure. The cheapest Q5 House will set you back a whopping $269 CAD, supposing you want to go that route. We clearly need to open up the markets, because the supply is just not on par with what we should have in order to be a strong nation

Another area that we absolutely need to look at is MT's. We're not doing too badly at the 1-2 Zone level, but anything above that is a complete mess. Who wants to pay more than $10 for a 3 Zone MT, more than $30 for a 4 Zone MT, and more than $50 for a 5 Zone ticket? The problem is that there are too few companies operating here, so we need to open up the marketplace and strike a reasonable equilibrium. People need to be mobile, and the alternative is that they will use their ORGS to buy much cheaper MT's from overseas markets because the selection and pricing here leaves much to be desired. When people buy overseas, that means our tax stream suffers, and everyone misses out, including Canadian companies.

I propose that we lower some of our Import Taxes in order to gain a larger supply of cheaper goods across the board. With the influx of foreign investment in our nation, the tax revenue into our coffers will increase. People will be purchasing more, and that will also mean more income for our nation. Right now, there is a dearth of foreign companies exporting here because they are scared off by the excessively high tax rates they will have to deal with. We need to be encouraging them to export to us, and this will serve to open up an increasing revenue stream that we obviously do not have now. We have the titanium to support the weapons industry, and iron is also cheap, as is stone, so there shouldn't be any role play whining about how it will kill the homegrown companies here, because let's face it - there just isn't much of an industry here to speak of in most of the sectors I've mentioned.

We don't need to touch every industry that we have. Prices for raw materials are good. Food is a bit on the expensive side, but still manageable. I'm not sure on the status of the MoI, so perhaps someone can fill me in, and the upper crust of the government can decide if the lack of supply for Defensive Systems and Hospitals is a concern that we should worry about. In the current military module, we don't have to concern ourselves about the possibility of our Hospitals being taken over and used against us, so we should have more of them.

I do think it is pressing however, to reinvigorate our weaponry marketplace as a priority, so I am suggesting that we drop those Import Tariffs first. So far, we are on the right track with tanks, although that number can drop even farther. The other weapons industries need to be readjusted right away. Perhaps we can start by dropping all weapons taxes down to 20%, and see how that works for a bit. Housing should be dropped to that level as well, as should the taxes for MT's. The lower rate will encourage some foreign company owners to try and sell here if they have overstock, or if their own markets are stagnant, while still allowing a little bit of protection for companies here. With more companies selling here overall, our government revenue stream will increase, and our citizens will have access to a larger supply of cheaper goods, and our nation will be more competitive in a number of facets. If it goes really well, then we may consider dropping the taxes farther, to 10 or even 5%. We can also re-examine Food at a later date if need be.

This has been entered into discussion in Congress. I feel it is time to discuss this topic. If Congress agrees, then I will need some members of Congress to help with proposals.