**** Official **** Rearden Plan 2.1 - New Taxes
Day 495, 15:57
•
Published in Canada 
•
by
•
by Alexander Rearden
This past month the Minstry of Finance got a lot of input on tax changes, the import lowering policies of previous months have continued and have been modified and improved to better suit the needs of the economy as a whole.
The debate in congress has been going on for a number of days and appears to have settled down and enacting these new taxes will begin shortly.
Income Import VAT
Food 10% 60% 10%
Gifts 10% 50% 10%
Weapons 10% 20% 10%
Moving Tickets 10% 50% 10%
Grain 5% 15%
Iron 10% 5%
Diamonds 10% 60%
Oil 10% 75%
Wood 10% 50%
House 2% 40% 3%
Hospital 1% 1% 1%
DS 5% 1% 1%
Questions, comments etc are encouraged.
EDIT: Current Taxes
Facebook
Twitter
Discord
Comments
An explanation for the taxes?
Looks good, I wish food was lower to scrape Q3 products down a bit with some imports but when I get on the selling side of the game those taxes look nice.
So what has changed? I don't remember the previous list of %s.
In a nutshell, the changes are designed to ease competitive pressure on some sectors while keeping prices low and stable across the board.
Is there a specific tax you would like explained? it would take a considerable amount of time to explain the rational for each sectors taxes.
I don't think it's all that complicated Alexander, so please tell us how this will make all of us live better.
Nice to see that we are moving towards equal Income taxes for all sectors of te economy. The lower taxes for constructions is understandable.
Can you please explain me what is the rationale behind 5% Income Tax on Grain?
I think the lower income tax on grain was to help offset the low profitability of that industry when compared with the Diamond industry's average wage-offerings.
I am with you on that SensibleVoices, Grain Income Tax should NOT be 5% it should be 10% like all the others. As I'm sure you saw, the latest Grain Tax vote was very close. 18 Yes 16 No If I recall correctly.
1ronman, that was the curent vote, they changed income tax from 10% to 5%
For the record I feel the government could be doing things better, lowering import taxes on our weaker resources, Iron for example, is IMO going to have a negative impact long term.
Most other countries protect these industries where ours wants it to fail so the human resources and be put to work in the fields, so to speak.
I haven't seen enough evidence to support that claim Falling Moon, but your opinion is your own.
1ronman, because we have both high grain production and a huge demand for domestically produced food, it is neccessary to ease pressure on grain growers without increasing prices. Reducing income tax is the only viable option to do so.