[Congress] Tax Increase statement
Lord of Bones
Hello eUK.
With recent events and the war with France gaining momentum now we have come to a point where we must make a decision about the eUK’s funding crisis.
The fact the UK treasury has gone missing has caused headaches for the government, they have been receiving donations to fund our MPP stack which is now recovering slowly. The problem we have now is kicking France out!
They have millions of cc available and can buy their way out of trouble. Combat Orders (CO) is a major tool in war and gives the country with funds available a massive advantage on the battlefield. This is an advantage we do not have. Tonight we have seen some of our older players helping with CO costs but this cannot last forever.
Therefore I propose to the general public and congress that for the sake of short term pain and long term gain.
That we increase Work tax to 3% giving the Government much needed money for the MPP stack and CO money to remove France from our lands. Doing so will mean we can regain our 100% bonuses and reduce working tax afterwards.
Looking at todays figures with the current 1% tax ban😛
UK - £1,500
France - £1000
Canada - £490
Germany - £260
We are making on average £3250 a day.
That would mean a MPP every 3 days. Limiting us to 10 MPPs a month and nothing left over for government TG loans and CO.
My proposal will hopefully see us take £10,000 a day. Meaning we can expand our MPP stack and make removing France an easier task and a quicker task.
Please remember, espically the business owners this is a means to an end and lower taxes in the future again. Short term pain and long term gain.
*EDIT - A proposal to increase VAT to 3% is also being considered. To be reviewed once all regions regained.
Thank you. Lord of Bones
Comments
Given we have sod all in the treasury at the moment I think a temporary increase in tax is understandable; provided we recognize it is merely a temporary measure to get funds back in the coffers
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too bad. it means some forig left UK as they found UK is not profitable anymore. I still remember how we make 12kcc everyday with 1% work tax.
you shouldn't raise taxes if some countries still occupy some regions
Luke I think the plan is to increase this assault. We have shown we can do it in a RW now.
I get the feeling Scarfar and Max want to up the anti. That would involve taking regions currently being held by Canada and or Germany to open a MPP battle line.
But Like I said short term pain for a long term gain. The quicker we get 100% again we can reduce tax and start getting them rich foreign players to return.. the longer we are held down, well it seems like time wasted to me and thats the vibe im getting from our current government.
you don't need to raise taxes tbh, there is another way if you want funds for MPPs and COs.
I would have liked to see the figure at 3% but 4% is fine we need to remove France,but we need to also think about would this make us lose citizens, so I would ask for a week by week review if not sooner every 5 days and updates on our finances daily to see if this is working, I would also encourage congress to think about my plan for War Bonds this could raise us vital funds as well!
I support this increase for the time being.
just to give you the brake down
work tax
1% is 35p to companies
2% is 70p
3% is 1.05
4 % is 1.40
so 100 companies at 1% you would pay 35gbp work tax
at 4% that would be 140gbp
Thank you Bruce.
But im guessing the UK have 100% bonus and weapon makers making 20 weapons instead of 10.. you will make more money long term right?
Short term pain for a long term gain 🙂
Knowing personally the impact a single percent increase can affect the bottom line of a producer I would urge caution.
1%-3% sounds reasonable. Anything higher goes from hard to swallow, to unacceptable.
From previous experience, when costs raise too high I shut down my factories. I imagine other's do the same, or at worst leave the Country altogether.
Yes higher taxes will increase income for the short term, but as your article nails it, it can have long term implications--negative implications.
The more people that leave the UK due to costly taxes the more we have to raise our taxes, and so beings the vicious cycle leaving us with an empty Nation.
That was why I wanted as many people as possible to see this article and STRESS that this is a SHORT term measure to gain our lands back quicker.
Thank you for sharing with UKPP.
For you it is short term until we liberate the UK. For other's it is longer-term.
That needs to be clearly clarified.
how maney companies do you own and work Bones?
I own no companies FragUK.
And I already know what is coming, so let me save you the hassle. I know its "rich of me" to say simply increase tax. But regardless of my circumstance I know some people who own over 100 companies who can see the bigger picture and the long term gain for UK.
What people have to decide is do we hit France quick and hard or endure a long war?
Please dont raise taxes. It will be time to move to eGreece.
Would you rather have 50% bonus instead?
Low taxes are preferred.
We need the increase to become what we once were.
We were a country that was taken over by a single MU, not much of an ambition is it? I see no reason to raise taxes to try to achieve it
We need the increase to be better than we are now. Now go baww somewhere else with your negativity.
Negative? The only negative we have is the effect on the average eUK player who as usual sees nothing for the taxes they pay
Sexagenarian what do you mean they see nothing?
I think having 100% bonuses and a means to protect it with a sizeable MPP stack and money for CO is pretty clear for me to see.
!00% bonuses? Do keep up to date, we haven't had 100% since the wipe
Maybe when we get back to 100% we can afford to fund the next CP/Dictator to steal the treasury until then we should keep things as they are.
Given the number of worker in eUK on minimum wage, if you really wanted more taxes raising the minimum to £10 would probably have a greater effect
sexagenarian you do realise people have been pumping money in to help us win these RW? They are running out of money. What then? we havent won these wars for free
We did this last month, it didn't work. Max should know this.
People just stopped paying tax altogether.
I don't care paying shortly more tax for the benefit of all UK
This is the message I think we want to send out. Hopefully it will no more then a week or two.
No problem with raising tax to 3% for a specific reason.
But I think it should have a time limit set on it (four weeks for instance). That way everyone knows what's going on. Forig investors will know that they don't have to pay the increased rate for long, and it also gives us a deadline for getting regions back.
That was in part the reason I made this public. I wanted everyone to see the plan and know that its a SHORT term plan.
People have told me the UK was making 12k a day on 1% with 100% bonus because we were attracting rich business owners.
That is where we need to be again
Temporary tax increase would be sufficient to get us back into a proper standing.
This is a VERY VERY big risk for Business owners, I mean its worth it, but if We lose, We would LOSE WITH HONOR AND POWER and we would screw up France's economy
We all need to think beyond our own wallets - if we don't do this (much as I hate the fact we need to do it) we won't have a country to support.
Having said that, did we ever get an accounting from Kerr about the money he transferred out of the treasury into his own account? Personally, I don't think he stole it, but it would be good to know where he spent it. Or if he has any left to give back to the BoE..
He admitted in IRC that its gone. So make of that what you will.
he said "I have paid off our debts to our allies"
??
Playing with the work tax is a big risk, but yes, in the cash-strapped situation that we find ourselves, I agree that increasing the work tax could give the treasury a bit of relief.
I support raise in tax for 5 days: situation to be reassessed at ed of 5 day period
MoD reckon we could ave most regions by then so that would trigger another debate
5 days? Its taken close to 5 days just to get to a voting stage. We'll be in perpetual debate with such short deadlines.
Thank goodness we have a Dictator - otherwise we would never get anything sorted!
Im a new player rejoined after 2 years not playing the game, I pretend not to know much about the game but i log in regular and i enjoy doing so, Since rejoining a week ago i have made about £250 thats working for bruce wayne @ 53 quid a day i bought a starter pack for £4 of IRL money which i invested in Traning grounds and production of tier 2 food and weapons. i now sit here with £700 or just shy of, Being a patriot and i know that there are ppl that would provide me with all i need daily i would gladly donate everything i own and earn per day to the government that includes supplys of what i make, that said its easy for me to do that being a noob and rely on others that im sure must be sometimes losing money to fund this county!!! this might be a game but for the Euk to thrive and regain its territory for the moment at least, i will donate it, be it as small amount as it is. as long as at some point i can get it back with no interest when the country's back on its feet, and i would urge more ppl to do the same!!! #imdrunandrambling If the Euk needs what i have it can have it
Thats the attitude we need more of.
People seem reluctant to pay anything towards to effort of freeing our lands.
Increase it however high you need. Me and my 100s of companies will be happy to pay more to see us free.
Thats the attitude we need more of.
People seem reluctant to pay anything towards to effort of freeing our lands.