Here are my guidelines for all officials to follow
Day 715, 14:38
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Published in USA 
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by
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by Donovanator
Taxes and funds
Taxes at 20% is great according to the laffer curve which can be applied to Erepublik.
the import rates should be high (high import tax is greater than or equal to 10
I am positive that VAT should only be used to fund one thing only. When I say this I am basically saying that whatever money the 20% income tax rate brings (which is calculated through number employed times average salary) should should be split up in percentages ,while VAT is very small they should be there for infrastructure.
The Dollar, Gold, and it's Value
Wealth is measured in gold- Gold is the most valuable resource in erepublik, it can create companies, parties, wars , revolutions , and improves tanking.
We should keep increasing the USD vs. Gold value by 0.01 each month ( or atleast at some rate) until we are at least even with Spain. Doing so would increase the cheapness and supply of the products that are needed to be imported (the only resources we need are land resources that we only have medium regions of such as iron) , and because of the minimum wage - salary value would increase. Alot would change if the eSA did this but if we did get at the same rate with Spain then we would get more of their iron.
Do not worry about exports- the economy will and has always fixed itself, with the way it needs to be set up you shouldn't worry.
War Games
War games increase our overall production and indirectly increases the supply of weapons ,but it will only increase if there aren't low imports. While holding high import taxes on weapons and wargames our production of both weapon and weapon companies would increase- which should be the goal, yet let me tell you about the risk.....When you do your war games ,you make oneself available to attack and not be able to defend.
Meals on Wheels and other programs
I believe that Meals on Wheels is a great idea, but we need to focus on getting a standard quick and easy message greeting. I had one that was easy ,told me where to go, and to take it from there.
Meals on wheels should be telling new comers that communism takes organization so that's why we give power to the people to fulfill life anyway they want to.
The main gist
I am positive that the Government should only focus on controlling the monetary market, running Meals on Wheels, infrastructure, and promoting the eliteness of the military.
I do not feel and will not feel economically protected in the eUS until all high land regions are protecting with q5 defense systems and q5 hospitals.
I am positive that if we enforce the things above and ONLY the things above are implemented in any country then they will be a military, economic , and well educated powerhouse. That country would be a great weapon producer, a great wealth creator, and very powerful in both its people and its government.
Without disrupting the goals which are above stated, Congress/the president should become masters on the military strategy, infrastructure, the Monetary Market, MoW, and the budget before trying something else.
Also......Don't support parties,countries, or anything else that is just a label. Instead support an idea of a government, or freedom. It doesn't matter about the history of a country but rather the idea they back.
So support this idea. An idea where a government knows it's job, and that it should supports having a high income of the wealthiest resource in the world.
Taxes at 20% is great according to the laffer curve which can be applied to Erepublik.
the import rates should be high (high import tax is greater than or equal to 10
😵on all manufacturing goods , and on all land resources that we have a high region in. All the other resources should be free game.
I am positive that VAT should only be used to fund one thing only. When I say this I am basically saying that whatever money the 20% income tax rate brings (which is calculated through number employed times average salary) should should be split up in percentages ,while VAT is very small they should be there for infrastructure.
The Dollar, Gold, and it's Value
Wealth is measured in gold- Gold is the most valuable resource in erepublik, it can create companies, parties, wars , revolutions , and improves tanking.
We should keep increasing the USD vs. Gold value by 0.01 each month ( or atleast at some rate) until we are at least even with Spain. Doing so would increase the cheapness and supply of the products that are needed to be imported (the only resources we need are land resources that we only have medium regions of such as iron) , and because of the minimum wage - salary value would increase. Alot would change if the eSA did this but if we did get at the same rate with Spain then we would get more of their iron.
Do not worry about exports- the economy will and has always fixed itself, with the way it needs to be set up you shouldn't worry.
War Games
War games increase our overall production and indirectly increases the supply of weapons ,but it will only increase if there aren't low imports. While holding high import taxes on weapons and wargames our production of both weapon and weapon companies would increase- which should be the goal, yet let me tell you about the risk.....When you do your war games ,you make oneself available to attack and not be able to defend.
Meals on Wheels and other programs
I believe that Meals on Wheels is a great idea, but we need to focus on getting a standard quick and easy message greeting. I had one that was easy ,told me where to go, and to take it from there.
Meals on wheels should be telling new comers that communism takes organization so that's why we give power to the people to fulfill life anyway they want to.
The main gist
I am positive that the Government should only focus on controlling the monetary market, running Meals on Wheels, infrastructure, and promoting the eliteness of the military.
I do not feel and will not feel economically protected in the eUS until all high land regions are protecting with q5 defense systems and q5 hospitals.
I am positive that if we enforce the things above and ONLY the things above are implemented in any country then they will be a military, economic , and well educated powerhouse. That country would be a great weapon producer, a great wealth creator, and very powerful in both its people and its government.
Without disrupting the goals which are above stated, Congress/the president should become masters on the military strategy, infrastructure, the Monetary Market, MoW, and the budget before trying something else.
Also......Don't support parties,countries, or anything else that is just a label. Instead support an idea of a government, or freedom. It doesn't matter about the history of a country but rather the idea they back.
So support this idea. An idea where a government knows it's job, and that it should supports having a high income of the wealthiest resource in the world.
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Comments
If you put high import taxes, you'll have an inefficient economy and then you won't be able to export except if half of your citizens are jobless... We had the same problem in France and now we're trying to fix it by opening our market and it seems to work...
I can agree on everything except the congress/president should become masters of the military. I believe they should have final decision, but only according to the strategies laid our by the JCS. The men who immerse themselves into war strategies and war policy should be the ones who plan it.
agreed. Don, your ever high import strategy simply doesn't pan out. I like the idea of stapling off of income taxes-VAT's should be low but banished, I think not. Just recognize they are not steady streams of income.
I understand but the point is to have high import taxes (on the resources we do have) and have war games which would produce a self reliant war economy. 10% isn't too high but our own investors would make a company in the most demanding industry in order to make high profits.
Confused on what this is? Position paper? Recommendation?
How about my guidelines for officials/government operatives/congressmen?
Well supporting the laffer curve in erep is a bad way to start any article. The laffer curve has been shown to be largely speculative in RL consistently and unless the peak taxation value is proven the curve is worthless. In addition it doesn't cross to erep since there is a high indication that demand is largely de-linked from pricing in erep. Combine that with the fact that a large majority of erep products have static demands and the whole concept is non functional.
High import taxes only drive up prices for eUS consumers which in the context of an already strong national economy is not justifiable.
Any sort of mandated gold move is also not advisable because the more gold each USD becomes worth the narrower our export window becomes. Spain is able to maintain such a high value because its primary export, iron, has an static demand and minimal sources thus a guaranteed export market.
Finally hospital placement should be an issue of population as opposed to resources. The concept of fortress states produces a more war ready population and while we should overlap population and resources as much as possible we should not continue to expand the number of Q5 states. Doing so reduces our strategic options, thins out our population, and leads to haphazard infrastructure as was common before the war.
I don't think Laffer himself would be thrilled with a 20 percent rate. It's high. I know I'm a curmudgeon and a crank, but bringing the rate back down to 15% might get more newbs staying in the game, what with more swag in their pockets to buy guns and fight more and rise in the ranks and frolic and dance. See? I'm a crank.
I believe laffer settled with something around 17%-22%
Also Zcia- not a product will get too high in price. Why would companies put out a price that wouldn't sell?
"Spain is able to maintain such a high value because its primary export, iron, has an static demand and minimal sources thus a guaranteed export market."
Yes I stated this- but If we get closer to them then their product becomes cheaper in the dollar value while they still have the same price in gold.
"Finally hospital placement should be an issue of population as opposed to resources"
The placement of hospitals have always chosen were the population goes.
I also do believe that having all of our citizens in one place puts us at a higher risk of a congressional PTO with or without citizenship.
Donovan, you're arguing with a guy with a doctorates in statistics. I'm a math grad student, and I know not to do that lol. 🙂
I agree that import taxes should be raised; it raises the amount of homeland companies of that bracket. We replace the current stock selling from foreign nations. We increase the price of that item. More companies are created of that item because it is now more profitable. More companies = more jobs. We lowered import taxes because we were in a war. Now that North America is no longer the main target, I suggest we raise import taxes to increase our own ability to produce. We lower it during war to lower prices and increase stock amounts. We raise it during peace to increase our own production power for the next war.
This is how i think.
Wow Nicholas . We have alot in common besides our last names- cuz You took the words right out of my mouth.