[MOF] Market Report and Taxes
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by David Allenkey
Market Report & Taxes
As the last third of the current Irish government's term approaches, I would like to spotlight the current state of our Irish Marketplace & Tax Structure. Ireland has made an emphasis of keeping our taxes low, as well as providing a great environment to produce and sell products across the board.
As of the today, here is where we stand from a consumer standpoint. All prices listed are based on the lowest price available for purchase.
FRM:
eIreland - 0.04 IEP / FRM
eRepublik - 0.04 IEP / FRM
WRM:
eIreland - 0.03 IEP / WRM
eRepublik - 0.03 IEP / WRM
ARM:
eIreland - 0.33 IEP / ARM
eRepublik - 0.32 IEP / ARM
HRM:
eIreland - 0.42 IEP / HRM
eRepublik - 0.41 IEP / HRM
All Raw Materials are equal to the lowest prices in the nation, or within 0.01 IEP of being so.
Foo😛
eIreland - 0.17 IEP / Q1
eRepublik - 0.16 IEP / Q1
eIreland - 0.35 IEP / Q2
eRepublik - 0.32 IEP / Q2
eIreland - 0.64 IEP / Q3
eRepublik - 0.49 IEP / Q3
eIreland - 0.80 IEP / Q4
eRepublik - 0.65 IEP / Q4
eIreland - 1.10 IEP / Q5
eRepublik - 0.99 IEP / Q5
eIreland - 3.10 IEP / Q6
eRepublik - 1.20 IEP / Q6
eIreland - 2.20 IEP / Q7
eRepublik - 2.00 IEP / Q7
Food prices are very competitive, with most prices being within 10% of the lowest in the nation, with only Q3, Q4, & Q6 being outliers.
Weapons:
eIreland - 0.35 IEP / Q1
eRepublik - 0.08 IEP / Q1
eIreland - 0.39 IEP / Q2
eRepublik - 0.06 IEP / Q2
eIreland - 0.17 IEP / Q3
eRepublik - 0.12 IEP / Q3
eIreland - 0.32 IEP / Q4
eRepublik - 0.25 IEP / Q4
eIreland - 1.89 IEP / Q5
eRepublik - 1.12 IEP / Q5
eIreland - 4.99 IEP / Q6
eRepublik - 3.99 IEP / Q6
eIreland - 16.20 IEP / Q7
eRepublik - 15.93 IEP / Q7
All weapons are listed in this analysis, however, as we all know, most weapons that are used are of the Q7 variety. In this category, Ireland has been able to maintain a selling price that is less than 2% above the lowest in the entire nation.
Prices for houses and aircrafts are not listed in this report due to limited suppliers in eIreland producing said items. However, in both cases, prices are still within 5% of the lowest price in the Nation in most cases.
Taxes:
Ireland has done it's best at maintaining some of the lowest taxes in the nation.
Work Tax Import Tax VAT
Food
1.00% 1% 5%
Weapons
1.00% 1% 5%
Aircraft Weapons
1.00% 1% 1%
Moving Tickets
1.00% 50% 25%
House
1.00% 1% 1%
Food Raw Materials
1.00% 20%
Weapon Raw Materials
1.00% 10%
Aircraft Weapons Raw Materials
1.00% 1%
House Raw Materials
1.00% 1%
Unlike some nations who have taken a protectionist approach, eIreland has tried it's best to create a competitive marketplace (as evident by the market price analysis) by allowing foreign suppliers access to our markets in an effort to keep everyone honest, and to provide the most benefit possible to our citizens when they attempt to purchase. While this may at times create smaller tax revenues, it ensures that our citizens do not need to leave our country to purchase their food, weapons, houses, and aircrafts.
If you have any feedback on and additional adjustments that eIreland can make to better our local economy, please don't hesitate to comment below, or provide feedback to me directly.
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Comments
Looks good to me!
Low VAT, Low Work Tax, Low Import Tax:
That's how it'll always be in Ireland!
I always shop in other countries. Lower prices. It's fiscally sound for me to spend less, hundreds, sometimes thousands less. Most countries have similar prices. eIre is always near the top. Greedy economy in eIre.
I'm sure this could be true at times, and depending on what you are shopping for any how much you are buying.
I would say, however, that we have prices available that are just as low as the rest of the entire world on most items.
Not nearly. I've always shopped in the same place. US, Poland, Serbia etc... all the bigger countries with more producers and less cost.
Oh come on...
You sayin' you pay market price?
*cough* black market *cough*
no problem is we dont have the feet and enough producers. i would place say 200000 Q1 food on the market. after 7 days it wont sell meanwhile i forget about it and leave it there in 7 days prices drop but im still the lowest offer in ireland yet higher than the world average. or i would buy all wrm for example - did it last week leaving only offers higher than the world average. the supply does not keep up and no further offers is placed.
Voted!
I agree that low taxes create max production and low import taxes help fill in product where a country lacks production. Problem is that the admins have econ so skewed that you will never create enough income to make it work.