Bill : Remove VAT on Food, Slight Increase For Weapons

Day 577, 16:06 Published in Australia Ukraine by Australian Warlord

Bill : Food VAT = 1%
Weapons VAT = 8%


_ __ _ _ _ __ _ _ __ _ _ __

Economics

There's no seperate statistics for eAustralia so eWorld stats are used.

(share of output capacity)

Food = 17.8%
Weapons = 22.3%


Current VAT on food per one unit output is $0.04.
Current VAT on weapons per one unit output is $0.065

Weapons VAT change would pay for the VAT removal on food (est).
_ __ _ _ __ _ ___ _ _ _ _ _ _

Now people claim it's not required. However there's two things against this argument. Firstly the current low food prices ain't sustainable which means they will rise. Secondly the ADSP is yet again calling for wages to be reduced which makes the removal of this tax neccessary for the wellbeing of new players.

Finally it's new players that we want to retain & this is a practical step to help this.