Tax plans for this month.

Day 583, 16:29 • Published in Israel Israel • by BuzzyTheCat

Good evening Israel,

I am writing to you, and all our new congressmen and women. We have a ton of proposals to get through in the next few days, and the sooner we start, the better. Israel really needs a complete and total tax system overhaul. Our current taxes are what got us to the point we are at, they funded the country at a time when we had no money, and they did that well. However it is now time to make our tax system worker and business friendly so that we can expand upon our base. To achieve this, I will lay out the tax base and then explain why each one should be the way it is.

The tax table I am proposing will be the following.

Food 5% 15% 3%
Gifts 5% 15% 3%
Weapons 5% 20% 3%
Moving tickets 5% 15% 3%
All raw materials imports 1% 1%
Hospitals 1%, 1%, 1%
Defense Systems 1%, 1%,1%


Why I am proposing taxes at these levels.

Our current income tax level is just not worker friendly. 10% is a good chunk to get taken out of your paycheck and that is obviously money that cannot be spent by the consumer. I am proposing we cut this in half. More money in peoples pockets means more money being spent on the “nice things” like gifts, weapons, maybe saved for a business or a house, etc. This will be a hit to government funding, but the economy is more important right now than other pursuits. In the short term we will survive the lower taxes, but in the long term these lower income taxes will help everyone and the economy equally.

VAT is another big one. Currently we have a 5% VAT on everything. I agree that we do need some VAT for government income, but I believe 5% is just a bit high. Because of this, I propose it be lowered to 3% across the board. This will mean all products on our markets will be 2% cheaper. That doesn’t sound like a lot, but added up, and over time, it will be a factor in helping Israeli’s save and spend NIS which is the ultimate goal of these tax changes.

Now for import taxes. This is where we have had major debates in the past. First, we really don’t have many companies importing products to our market as it is. For food at first glance, our markets look full, and they really are. Out of all the companies on the market, only 5 of them are foreign importers. Of those 5, 1 is technically Israeli (United Food), which was captured in the recent RW with Turkey. Soylent Green is the only foreign company in our market which is selling Q3 food, however it is selling for nearly 1 NIS higher than our domestic companies and it poses no competition to them. Phase 3 and BIH are both Q4, where we have no domestic food companies. They are our sole suppliers of Q4 food. Then there is True Blue which is our only Q5 food supplier. As you can see for food, there is no reason to touch import tax since the foreign companies supplying our market are either not competing because of price, or in the higher quality category, because they are the only suppliers of food. I would also like to point out that our imported Q4 and Q5 food is actually fairly highly priced and if a domestic Q3 company were to upgrade, the foreign companies would not be competitors because of how high their food is priced. Raising the import tax on food would mean 1 of 2 things. 1, it would mean already expensive high quality food would become even more expensive. Then the second thing that could happen, the foreign companies who are supplying our only Q4 and Q5 food could move out of our market. They might do this for a number or reasons, but mostly, they would do this because selling product in Israel would mean they sell for very high prices. Once prices for high quality food reach a certain point, it actually becomes cheaper for you to buy low quality food and gift yourself the extra wellness. What that means is very few people would end up buying these very high priced foods. I don’t need to tell you what happens when people don’t buy products.

Our gift market has no imported goods on it at all and what domestic gifts we do have on the market, are high priced… very high priced to be exact. Imported gifts will help this greatly because it will mean competition and with competition comes lower priced goods.


Our weapons market has a single importer. Banana Rifles, which is Q4. Their weapons are hideously over priced (by about 30😵 and they pose absolutely no threat to a domestic company. Once Tomato Nukes starts producing weapons Banana Rifles simply wont be able to compete in pricing at all. However imported weapons are important because when war comes, people need weapons to fight. Domestic reserves can run dry quickly and that is just not very conducive to a proper war effort.

Our moving ticket market has no imports on it and our domestic tickets are selling fairly low. It would be very hard for a foreign company to come in and undercut our companies, even if we had a 20% import tax on tickets.

As you can see, we don’t need to protect our domestic companies since they are doing perfectly fine the way they are and there is not a single foreign company on our market who is competing with a domestic company. However the foreign companies we do have are currently providing items we do not produce domestically. Increasing import tax on these sections could be disastrous to our market since it is completely possible to tax these already high selling companies right out of our market.

For defense systems and hospitals, it makes no sense to have any taxes… we would basically be taxing ourselves and there really isn’t a point to that.

Grain…this is the biggie and the hottest point of contention. I still and always will support a 1%,1% tax. About 2 days ago Israel had the lowest priced grain in the entire world…but there was a problem. It was imported, and after the 20% tax was applied, it was no longer even resembling cheap. Yes, Israel could have very easily had the cheapest grain in the entire game, on any market, anywhere, but after the government applied its import tax to it, it became unaffordable. I would also like to point to other countries that have an abundance of raw materials like the US. Despite having every raw material besides diamonds and Iron, their import taxes are still 1%. Romania has 1% import tax on all raw materials except grain… and the only reason they have 99% import on grain is because they have SO much grain they don’t need to import a single unit of it. Very literally, Romania could feed the entire world for a few weeks with the grain they hold. Israel is not in such a lucky position

I would really appreciate if our newly elected congress would work hard and quickly to get these proposals approved. We need to send out 12 tax proposals and even after that, we still have other proposals to send out like a new citizen message which includes our website (which is almost done). This is going to be a very busy month ahead of us and we have a ton of work to do.

Thank you and goodnight,
BuzzyTheCat