A Tax Proposal That Doesn't Suck

Day 1,121, 19:44 • Published in New Zealand United Kingdom • by Devoid

As you've no doubt noticed, our economy has sort of gone down the toilet in the last month or so. Since our government got the brilliant idea to try to fix something that wasn't broken. I don't feel the need to point any fingers, but I think most know who to blame. Remember how the economy was booming, not too long ago? Wages were wonderful, food was cheap, and the skies were filled with rainbows and unicorns.






And then a series of tax changes got rammed through Congress, progressively effing things up with each subsequent change. Most of them seemed pretty random, and while they had their supporters, there were others who thought they kind of sucked. And lo and behold, our booming economy now sucks. Food is way too damn expensive, we barely have any frigging weapons, and our former paradise has turned into a dystopian hellhole. And on top of it all, I've heard complaining from multiple business owners that despite these anti-consumer taxes, they're having trouble making any profit too.


(artist's interpretation)





So these taxes are benefitting nobody. As a patriot, and someone who has some experience making economies work, I thought I should put forth a suggestion to fix this mess. And as it turns out, I sure came up with a brilliant proposal.


On All Goods:
Income Tax: 15%
Import Tax: 1%
VAT: 1%


You may be thinking "hey, this looks vaguely familiar...". And you would be correct. These are the same numbers we set the first time. We gathered up economic minds from near and far, and sat down and hammered it out. Myself, Necros Xiaoban, kurojca, and others from every background in eNZ gathered together. We negotiated these figures, agreed on them, enacted them, and watched our economy enjoy spectacular success with them.









But then one day, a certain faction within the government realized that it had enough votes, and
started
ramming
bad
tax
changes
through
Congress.

It was just the first wave, and of course more followed. The economy trembled violently, as though the hammer of Thor was being slammed into its very foundation with mighty blows.


find your own Thor pic


So, why 15-1-1? In the shortest possible terms, it provides the greatest purchasing power for our citizenry as well as military (and thus the greatest possible firepower), as well as deep supply of all goods, while still establishing an environment in which the economy will be efficient and companies can be strong.

(I'm going to cover the topic in short, but you can read further on the subject here)

Long story short, income taxes are the fairest and most efficient way to generate revenue. They hit everybody who works, which includes two clickers. I think most would support ensuring that two-clickers bear their fair share of the tax burden. Smart company owners don't pay it on their earnings, which is fine, as governments typically count on such revenue. PM me if you're a business owner who doesn't know the trick to take money out of a company without paying taxes on it.

VATs disproportionately affect our most active people, those who consume the most. I think it is self-explanatory why this is bad.

Import taxes have the same effect as VATs, except they also decrease our supply by discouraging exporters. In line with the laws of supply and demand, this makes all stuff more expensive, and gives us less of it.

All 3 are, in the end, paid by the eNew Zealander.


The 15-1-1 model ensures a fair and balanced source of revenue generation, while ensuring that the NZD goes a long way. The income tax level can be adjusted upward or downward to adapt to necessary revenue levels; as long as the other two stay at 1%, it will lead to an efficient and successful economy, and a strong nation.

Tax changes that keep VATs and especially tariffs high are doomed to fail.

- Devoid