Article
We're passing a new tax code imminently, and by imminently I mean as soon as Congress puts it through. Behold!
VAT: 1%
Import tax: 0%(RM)/3%(manu)
Income tax: 8%
Personal income tax affects everybody who works, and isn't in a commune of some sort. Everyone pays a fair share, from the president to the two-clicking iron miner. As such, this is the best place for us to get the wide bulk of our revenue.
VATs get tacked onto the priced of finished goods. Our most active players (and indeed biggest contributors to the country) are going to be buying the most stuff. And so this tax disproportionately affects them. These are not the people we want to be taxing heavily. And so this tax should be low.
Import taxes are complex, but I'll try to keep it short. First off, in this game, they are based on citizenship. An American can sell Russian-made goods in the US and not pay a cent of import tax, but this American will pay Russian import taxes on Russian-made goods sold in Russia. This is odd, and also largely prevents these taxes from limiting foreign competition, as some people want. Goods from all over the world can be sold import tax-free by an American reseller. But really, we don't want high import taxes anyway. Import taxes are supposed to make foreign stuff more expensive, or force it off the market entirely. This in turn shrinks the supply of domestic goods, and makes them more expensive. While it may help domestic companies (and thus domestic wages) somewhat, the net effect injures purchasing power. And weaker purchasing power means a weaker country.
We will have no tariffs on raw materials. We have no high raw material regions. There's really no reason to debate that right there.
Aside from the imports, these taxes are level across all industries. As such, market forces will naturally direct resources, workers, and profits toward the most desirable and in-demand industries. Trying to meddle with this is unnecessary, and probably not helpful.
Our economy is in the midst of a boom. The stability brought to the monetary market is contributing. So are the regained regions and the chunk of new citizens we have. This tax revision will help as well. It is essentially revenue-neutral, meaning the government's revenue will neither rise nor fall, all else being equal. It will help our manufacturing companies get their raw materials cheaper, increase the supplies of weapons and food on our market (and at lower prices!), and do other nice things.
Go America!
~le SoT~
Yay my first article! Sub me and stuff. I'm Devoid from eRep, if you know me under that moniker.
Next article:
Congressional Platform (13 years ago)
About the game:
USA as a world power? In E-Sim it is possible!
In E-Sim we have a huge, living world, which is a mirror copy of the Earth. Well, maybe not completely mirrored, because the balance of power in this virtual world looks a bit different than in real life. In E-Sim, USA does not have to be a world superpower, It can be efficiently managed as a much smaller country that has entrepreneurial citizens that support it's foundation. Everything depends on the players themselves and how they decide to shape the political map of the game.
Work for the good of your country and see it rise to an empire.
Activities in this game are divided into several modules. First is the economy as a citizen in a country of your choice you must work to earn money, which you will get to spend for example, on food or purchase of weapons which are critical for your progress as a fighter. You will work in either private companies which are owned by players or government companies which are owned by the state. After progressing in the game you will finally get the opportunity to set up your own business and hire other players. If it prospers, we can even change it into a joint-stock company and enter the stock market and get even more money in this way.
In E-Sim, international wars are nothing out of the ordinary.
Become an influential politician.
The second module is a politics. Just like in real life politics in E-Sim are an extremely powerful tool that can be used for your own purposes. From time to time there are elections in the game in which you will not only vote, but also have the ability to run for the head of the party you're in. You can also apply for congress, where once elected you will be given the right to vote on laws proposed by your fellow congress members or your president and propose laws yourself. Voting on laws is important for your country as it can shape the lives of those around you. You can also try to become the head of a given party, and even take part in presidential elections and decide on the shape of the foreign policy of a given state (for example, who to declare war on). Career in politics is obviously not easy and in order to succeed in it, you have to have a good plan and compete for the votes of voters.
You can go bankrupt or become a rich man while playing the stock market.
The international war.
The last and probably the most important module is military. In E-Sim, countries are constantly fighting each other for control over territories which in return grant them access to more valuable raw materials. For this purpose, they form alliances, they fight international wars, but they also have to deal with, for example, uprisings in conquered countries or civil wars, which may explode on their territory. You can also take part in these clashes, although you are also given the opportunity to lead a life as a pacifist who focuses on other activities in the game (for example, running a successful newspaper or selling products).
At the auction you can sell or buy your dream inventory.
E-Sim is a unique browser game. It's creators ensured realistic representation of the mechanisms present in the real world and gave all power to the players who shape the image of the virtual Earth according to their own. So come and join them and help your country achieve its full potential.
Invest, produce and sell - be an entrepreneur in E-Sim.
Take part in numerous events for the E-Sim community.
