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Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
Although I know this bill will be unpopular, I think it is important to propose this bill for a variety of reasons.

1. The weapons industry is one of the strongest industries in our country and thus can afford to make a greater contribution to the government which is in dire need of funding.

2. Weapons are not an essential item for our populace as are food and housing. Less weapons does not hurt the citizens near as much as NO HOUSING, which is the case.

3. The money from this increased taxation should be used to start some government funded corporations that will provide some necessities to our citizens.

4. If the country can not sustain workers, i.e. no food or no housing, the country will lose populace. The loss of populace will eventually kill even the weapons industry.

Although these are only a few of the reasons for this proposal, I beg you to look past any immediate personal concerns or personal gains on this one. Although this may cause some economic hiccups for weapons owners right now, the long-term benefits will outweigh the short term negatives.
Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
2. Weapons are not an essential item for our populace as are food and housing. Less weapons does not hurt the citizens near as much as NO HOUSING, which is the case.

Fail. Weapon and housing companies doesn't even compete for the same workers. By the way, houses is a waste of money the way the game is designed right now.

I fail to see where the food shortage is, Food for Fun have over 600 Q3 food in stock.
Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
As I said before this is just an unfair tax on the most successfull companies in Thailand. You cant blame the GMs for being good at what they do...
Besides all this, just check the weapons companies in Thailand and you'll see that there arent that many workers.

It will have no effect at all. And I'll be the first one to transfer to a weapons company if this gets approved.. (even if it means receiving less money..)
Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
I voted no because, while the weapon companies do get more money in, they also put more gold into the economy and pay out more TBH to the workers, putting it back into the market.

Also, we DO NOT NEED government funded corporations. Every time this is suggested, a kitten dies.
Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
http://www.erepublik.com/en/article/taxes-in-thailand-727876/1/20
Modified 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
Frozen:
houses is a waste of money the way the game is designed right now

Um... what? This is a very questionable statement. Whether or not they're worthwhile depends a lot on the economy you live in. If Gifts and HQ Food are cheap and plentiful, Houses are firvolous luxeries, especially if you work for a Q1 or Q2 company. If you can't regularly get Food over Q2, and Gifts (when available) cost more than a day's wage, a House can be a worthwhile longterm invest if you're working for a HQ company.

I fail to see where the food shortage is, Food for Fun have over 600 Q3 food in stock.

Yes... 600 Q3 Food they feel obliged (presumably justifiably) to charge almost twice the average eThai salary for. It's not so much a lack of Food as a lack of affordable Food.

---------------------------------

B.i.d.:

In principle, I definitely agree our more profitable sectors owe it to the nation to shoulder a slightly higher share of the tax burden. However, slightly higher does not to my eye mean 5 times as much. I would argue for a rate between 10-15%, no more. 25% is going to do nothing but anger the Weapons GMs and ensure they remorselessly evade taxes. I shall be voting no.

Furthermore, I'm curious as to why you characterize the eThai government as being in dire need of funding. It's not. There's plenty of Baht in the Central Bank. I hope you're not taking those buggy "can't pay the next 5 New Citizen Fees" spams seriously...
Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
All that a raise in taxes does is make an industry less profitable in the long run and anger those citizens who rely on the weapons industry for their salaries. Placing any sort of increased tax on our most profitable industry will slowly choke it to death. I cannot support any sort of tax increase on any of the eThai industries.
Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
Albert:

If we put a hard freeze on tax increases, we need to accelerate wage and price inflation. If we're going to go with a high-wage, high-price, low-currency-value economy, we need to all agree this is the course we want to take, and we need to get there more quickly than our current stumbling pace. Until wages, prices, and currency values are roughly comparable to those in developed nations, we'll be vulnerable to foreign exploitation of our labor and goods.

However... it's not directly in the interest of our GMs to move in this direction; it's more profitable for them to keep wages relatively low, and in the transitional period it's not clear that either companies or citizens can currently afford to pay scaled-up wages/prices. So we're not seeing much change in this regard. Our average wage is creeping up, but it's slow. Very slow.

The main thing that needs done, however, is for us to have a national discussion and decide for once and for all if we want to have a cheap Baht or an expensive one. Right now, we have competing factions and incoherent, conflicting economic plans. This above all else must stop...
Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
Ealb:

Let me clarify my point. One of the biggest problems facing Thailand today is that we have an appalling lack of people in industry. As such, our most pressing issue is that many of our companies barely have enough workers to remain active. I feel that before we implement any kind of tax raises, we need to rectify this point and get more workers. Once that is accomplished, I will be much more open to the possibilities of higher taxes. I personally feel that, once the labor pool problems are solved, an income tax of between 5-12% on finished goods (except food), and of just 5% on all raw materials would be the optimal course of action. However, taxing our most profitable industry at the moment is just folly.

You make several good points, however, especially the last one. I believe that you are correct. A national discussion is badly needed to determine the course of action that we want Thailand to take in regard to its currency.

Posted 10 months ago 
Economy  »  Raising the income taxes on weapons in eThailand
*sighs* Seriously again we're trying this? Im operating with 2 active employees and 1 inactive. Give me a break people.