100% income tax
Melgoria
10-01-2004, 01:35
OK, I really don’t understand what this is about. The only situation I can think of in which a 100% income tax rate is present is a communist government. Now... looking at the massive number of nations to which this situation applies, that’s a lot of communism. In a free market society, such as the United States’ economy, a 100% income tax rate is of course, impossible. Because most real world countries have free market economies (to a varying extent, of course), that is what most users on this site will be familiar with. Why then does the said 100% income tax rate appear so often, thereby making it impossible for these nations to have the said free market economy? Also, most nations with great economies have the said tax rate, but in the real world, a free market has proven to give the best economic results. Someone please explain what I'm missing here.
Your income tax isn't directlyrelated to your economic field. Just look at my nation.
It's related to your government spending. Splashing out on government schemes etc. will continually raise your taxes.
Qaaolchoura
10-01-2004, 04:06
Everything in this game is greatly exagerated. It is a parody.
A damn funny one to, I have no tax, but I spend tons of Govt. money on all sorts of stuff.
Dog Lake
10-01-2004, 05:06
Government gets money from other sources other than taxes.
1 Infinite Loop
10-01-2004, 06:41
well the way it works in 1IL, Military service is Mandatory, well as part of that, we have what is called the communal Pot, we have a 100% tax rate, and all your cash goes into the pot, and everyone gets a debit card with a weekly limit based on your job you can use that amount each week, if you use none you dont have to use any, you can opt to have your excess be counted, not counted, donated to charity, or applied for whatever, most folk use just what they need.
those who abuse the system are either killed sent to Siberia to work off the amount of teh scam, or well you dont want to know.
Melgoria
10-01-2004, 23:59
that still sounds alot like communism to me, 1IL
Just be glad that the tax rate peaks at 100%. I can see the tax rate becoming "120% and your first born child" in my nation. Free market is over rated, so is communsim. Orwellian boot in the face all the way! :lol:
1 Infinite Loop
11-01-2004, 07:31
the main difference is under Comunsim everything is controled to limit anyone from being "better" than anyone else, under our the first limit is youself, and the punishments are only for those lowlifes and reprobates who would abuse the system, IE Pizza boys puling down L120 a week deciding that they wil go out and buy a bunch of Bling for their car and a few dozen Game Cubes or Pippins and not having the backing cash and not intending to replace the cash.