Imports are OBVIOUSLY not helping
Donovanator
For anyone that thinks that believes what Woxan is saying agrees with this:http://www.erepublik.com/en/article/imports-are-obviously-killing-our-economy-1212558/1/20
and for any common sense thinkers - it's a no brainer...Erep economics dealing with imports go like this:
1) Imports employ foreigners, which compete with Americans through imports, thus lowering salaries and the demand for American workers.
2) When importers sell a product they trade their USD to gold or USD to Gold to their Currency. This all means is that they are going to be buying gold with our USD which increases the demand for gold, thus increasing making it more expensive while making salaries lower (this is bad for growth especially were we need to create about 500+ jobs a day for new citizens). This is also in effect because of Lana but imports have a similar effect and we need to shave off of this as much as possible.
^Translation for noneconomists^: salaries are going down while gold prices get higher.
3)Because salaries are going down and gold is becoming more expensive, revenue from income tax is going to go WAAAYY down in gold (which is what EVERYTHING SHOULD BE MEASURED IN!!!) So now the government isn't making money so they have an option to
a) lower income tax...which will increase demand for higher quality products since people could afford prodects but of course this could be still going to foreigners thus employing foreigners ,and spreading wealth to them.
b)We could raise import tax...this will cause them not to be able to compete in these markets (if they rose enough).Thus any dollar spent in America will go to Americans, but even if the owners were from another country it would go to atleast 10 Americans where as imports employ none.
c)We could lower VAT tax...this will cause products to become cheaper but not effect the salaries except when the demand increases through higher consumption of higher quality or more prodcuts, but then if there is alot of money going around in the markets that attracts more companies to sell products here whether it's American or not.
We could do a mixture of those three, doing all of these three will increase employment, salaries, and American product sales. Remember products' prices wouldn't go so high that no one could afford them because companies would continue to produce products whether they are selling or not and if they realize that they aren't selling enough they'd have to shoot for a lower price or lower their employees wages ,but of course there are soo many American companies that they would compete and keep their employees happy since lots of money is staying in the martket, prices aren't affected by VAT, and employees can save more money to start companies, thus the employees that want to make businesses will compete for employee which will increase the demand for them and raise their wages.
Remember nothing bad can come from lowering income taxes & VAT while increasing import taxes.
for any common sense thinkers - it's a no brainer...When America needs help who can help them? No one but themselves, thus imports are out of the question for this developed but weakening country.
Sincerely,
Donovanator
Former two time Congressman of Tennessee
Former Ambassador to Singapore
CEO of Donovantor's Industries/Bank
Chief Editor to "The Word"
Comments
a. This slashes lowers gov revenue and puts mere cents back in the hands of Americans.
b. This causes prices to rise and causes supply shortages in big engagements.
c. The price will stay the same, as companies will move into the space fill by the VAT, where the gold will then be hoarded by company owners.
Lana and a falling population (loss of consumers), are the biggest factors causing a depressed economy.
A)What's wrong with putting more money back in their hands? What could go wrong, by god - they are going to SPEND IT ON other AMERICANS AND IN THE LONG TERM CAUSE GROWTH WHICH WILL CAUSE AN INCREASE IN REVENUE THROUGH AN INCREASE IN WEALTH? AND THAT CITIZENS MIGHT SPEND MONEY ON BUYING A COMPANY AND EMPLOYING OTHER CITIZENS? 😮
😎If prices rise and supply decreases then wages (among common beings) will go up so that way employees could afford them because no company can make money by selling products that no one can afford. IF that doesn't happen then people will be more likely to spend more money on buying more companies rather than going higher in quality because of the lack of competition, or resistance in markets.
c) Companies will not move their products' prices to fit the VAT because VAT will be adjusted while they markets are still running so instantly our products are lowered in cost.
I agree that Lana is the problem but imports are making it worse, and we need to shave as much of this effect as possible. IT doesn't matter if it wouldn't make a difference if we did this, because you can't go wrong with this, nothing bad could come from growth and wealth creation.
"Lana and a falling population (loss of consumers), are the biggest factors causing a depressed economy."
Like I said Lana is a major problem but we need to shave off these effects as much as possible. Besides how will domestic growth hurt?
The interests of company owners are not aligned with those of the government, which are not aligned with those of the workers. However, the government benefits most when the company owners take the least (preferrably, none or negative).
Why? The money taken by Organizations is usually taken out of the company untaxed (no Income Tax) and then anything can happen to it. Even if the Organization owner is American, there's a good chance that this person is -the very type- that is saving currency to buy GOLD and pay Lana. And there is no guarantee that the Organization is a domestically owned one.
Meanwhile, income paid to the workers is taxed at the Income Tax level. One of the benefits of the Income Tax is that it removes currency from the private sector, which helps prevent inflation. Inflation is the enemy of the government because, if there is no natural deflationary pressure, the CBO can't sell much USD.
The income left untaxed to USA workers is also the best money from a product sold in the USA, as it is the most likely to be used to improve an American fighter's damage and to be re-invested in the USA economy.
This is just to answer the part of the argument that declared it to be a good thing for companies to profit. This is an interest of the company holder and, really, nobody else.
... and to anticipate an objection ...
Unlike real life, the profit motive isn't as necessary to motivate someone to operate a company. As the whole game is a simulation and a pastime, people will tend to operate companies regardless of whether they are very profitable, marginally profitable, or somewhat-in-the-red.
you know there is no point in arguing, THIS IS POLITICS PEOPLE!!! if there is one thing i have learned about politics is not to discus them because you can change some ones mind.... like how im not a big fan of George W. Bush, that is my opinion you cant make me change it.... the consumers want whats best for the consumers the government wants whats best for the government and the companies want whats best for the companies.... you will never find any great answer that fixes everything... just let the government make the call because our opinion dosnt matter to there decisions until after the fact anyway.... if they run us into the ground im going to Canada until the whole thing blows over.....
I lol'd
I just don't want a scamming loose-loose situation... you know where one end wants everything but looses it.
Lets look at it this way:
1% of income = 150G= the budget of the TC and HG combined. Now, for me, a skill 7 manu, to make a a significant amount more (say, 1USD), income tax would have to be 11%, thats 9% less, which is 1350 Gold. To make up for that, we would have to cut all MPPs, the TAF, all battles, the entire Interior, the V2 fund, and OMS. all that for a skill 7 to make 1 USD extra. a skill 4 would be making 0.495 USD more.
Goodness gracious... Take an economics class. If you lower income tax rates- growth would vigiously occur and revenue would increase after awhile.