2% ➡️ 5% Work Taxes - Results
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by Marcelaxy
So, the 5% work taxes have been in place for a whole eDay, so let's see how it turned out.
- Day 3729 was the last day with mostly 2% Work Tax
- From Day 3729 to 3730 we lost no major region
Work as Manager
Eventhough the tax was multiplied by 2.5, the WaM income has only multiplied by 1.81
Day 3729 equals 45128 works as manager of eUS citizens in eUS facilities.
Day 3730 equals 32716 works as manager of eUS citizens in eUS facilities.
Foreigners with eUS facilities and especially eUS citizens with foreign facilites are less impacted by the tax increase.
Work
(Work as an employee of an eUS citizen)
The income here has increased by 88.4%.
This means that the number of works eUS employers received has been reduced by 25%
At the average wage of 277.48cc, the total number of works of eAmerican employers have been decreased from 4535 to 3417. (my employees make up more than 1/4 of that. You're welcome.)
A loss of 1118 eployees.
VAT
The VAT income has been decreased by 42%. This is due to the decreased WaM and Work but also the lower demand due to citizens being robbed by the pfail government.
As you see, the panic politics are destroying the eAmerican economy.
A moderate Tax increase, let's say 2 -> 3% would'e been less impactful to the economy while still considerably increasing the tax income.
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It’s ok taxes in Croatia are lower
math = truth
v+s
So are you saying you sacked all your employees because they would have to pay a slightly higher proportion of their income in WT?
As far as I can see the difference between 2%,3% or 5% as an employee is small with the main difference being the cost to WAM which should be cushioned by the substantial profits that were made when WT was 1% or 2% previously.
Congress is discussing a tax reduction plan presently, with the consensus forming around a 3% ➡️ 2% ➡️ 1% phased reduction.
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This article was published 3 days ago. By looking at number of comments I clearly understand that NOBODY CARES in this Congress. They just want money.
I can explain where 1.81 is coming from instead of expected 2.5
Half of my mines are Q3. I just stopped using them because they became less profitable than any CO, especially Air battle CO + bonuses from the weekly challenge.
Marcel, how did I miss this one back then?
Great work!