NationStates Jolt Archive


100% income tax rates!?!?!?!?

Greater Valia
03-04-2004, 09:00
ive seen some nations with 100% income tax rates, and i just have to say, how do your citizens survive? wouldnt there be mass starvation, cause nobody has any money to buy food
imported_Terra Matsu
03-04-2004, 09:05
Not sure. My nation has 100% tax rates. But then again, all that goes into the economy and the neato projects which provide jobs which provide food and are taxed... oi, I don't know economics... gosh.
Freedorandack
03-04-2004, 09:08
its called comunism. government gets all of ur money and sends you the bare minimum amuot with which to live.
imported_Terra Matsu
03-04-2004, 09:09
Tell that to my UN ranking. ICD, dammit. Though I wish I had my DS back. Ah, the memories...
03-04-2004, 09:11
Our nation description was written by running dogs of imperialism and paper tigers. Its all bourgeois pig dog lies! Lies I tell you!

...

yeah, its a pain alright. I managed to get an anarchy out of one of my puppets with a 38% tax rate (which I would regard as still to high) ah well, we explain it away and that's what counts :P
Freedorandack
03-04-2004, 09:12
ya, they have no idea what they'r talking about. yesterday i was Left wing college state or sumthing, now im ICD again. i changed nothing. no issues, no settings nothing. it confuses me greatly
Colodia
03-04-2004, 09:12
But what if you work well on Social Welfare? Isn't that the thing that helps out your citizens from starving on the streets?
Vitania
03-04-2004, 09:13
FDR proposed an 100% tax for all incomes over $25,000 during WW2.
Greater Valia
03-04-2004, 09:14
FDR proposed an 100% tax for all incomes over $25,000 during WW2. shut up, that makes no sense; he was a democrat not a communist :roll:
Aliedel
03-04-2004, 09:15
My Civil Rights Lovefest only has an income tax of 38%......GO HIPPIES!
Xanthal
03-04-2004, 09:15
This is a summarized version of how Xanthal's economy works.
Step one: Government takes all money.
Step two: Government provides all essentials of living for citizens (food, water, an apartment, utilities, etc.).
Step three: Government funds all its programs (pretty much everything in the nation is government owned, so most of the cash goes here).
Step four: Government puts 20% of what's left into a "rainy day" account (which, by the way, currently contains almost $100 trillion, enough to run the entire nation in its current state for two full years).
Step five: Government distributes what's left over to its citizens, based on job preformance (usually about $100 a month).
Greater Valia
03-04-2004, 09:16
This is a summarized version of how Xanthal's economy works.
Step one: Government takes all money.
Step two: Government provides all essentials of living for citizens (food, water, an apartment, utilities, etc.).
Step three: Government funds all its programs (pretty much everything in the nation is government owned, so most of the cash goes here).
Step four: Government puts 20% of what's left into a "rainy day" account (which, by the way, currently contains almost $100 trillion, enough to run the entire nation in its current state for two full years).
Step five: Government distributes what's left over to its citizens, based on job preformance (usually about $100 a month).dirty communism(sp?)
Vitania
03-04-2004, 09:19
FDR proposed an 100% tax for all incomes over $25,000 during WW2. shut up, that makes no sense; he was a democrat not a communist :roll:

It's true:

http://www.mackinac.org/article.asp?ID=4035

Under Roosevelt, the top rate was raised at first to 79 percent and then later to 90 percent. Economic historian Burton Folsom notes that in 1941 Roosevelt even proposed a whopping 99.5-percent marginal rate on all incomes over $100,000. "Why not?" he said when an advisor questioned the idea.

After that confiscatory proposal failed, Roosevelt issued an executive order to tax all income over $25,000 at the astonishing rate of 100 percent. He also promoted the lowering of the personal exemption to only $600, a tactic that pushed most American families into paying at least some income tax for the first time. Shortly thereafter, Congress rescinded the executive order, but went along with the reduction of the personal exemption.
Xanthal
03-04-2004, 09:20
Communism is not "dirty", it is a valid economic philosophy which I strongly advocate. Traditional communism has several serious flaws, flaws which I have fixed in my own "manifesto". Knowing however that communism won't be coming to the U.S.A. any time soon, I have developed a series of socialism-based "fixes" that could easily be made to the existing economy here without sacrificing the capitalism Americans love so much.
Greater Valia
03-04-2004, 09:20
FDR proposed an 100% tax for all incomes over $25,000 during WW2. shut up, that makes no sense; he was a democrat not a communist :roll:

It's true:

http://www.mackinac.org/article.asp?ID=4035

Under Roosevelt, the top rate was raised at first to 79 percent and then later to 90 percent. Economic historian Burton Folsom notes that in 1941 Roosevelt even proposed a whopping 99.5-percent marginal rate on all incomes over $100,000. "Why not?" he said when an advisor questioned the idea.

After that confiscatory proposal failed, Roosevelt issued an executive order to tax all income over $25,000 at the astonishing rate of 100 percent. He also promoted the lowering of the personal exemption to only $600, a tactic that pushed most American families into paying at least some income tax for the first time. Shortly thereafter, Congress rescinded the executive order, but went along with the reduction of the personal exemption. well smack my ass and call me mike, thats just unreal
Aanmericaa
03-04-2004, 09:20
its called comunism. government gets all of ur money and sends you the bare minimum amuot with which to live.

Which in turn puts everyone in the soup lines.
Vitania
03-04-2004, 09:23
FDR proposed an 100% tax for all incomes over $25,000 during WW2. shut up, that makes no sense; he was a democrat not a communist :roll:

It's true:

http://www.mackinac.org/article.asp?ID=4035

Under Roosevelt, the top rate was raised at first to 79 percent and then later to 90 percent. Economic historian Burton Folsom notes that in 1941 Roosevelt even proposed a whopping 99.5-percent marginal rate on all incomes over $100,000. "Why not?" he said when an advisor questioned the idea.

After that confiscatory proposal failed, Roosevelt issued an executive order to tax all income over $25,000 at the astonishing rate of 100 percent. He also promoted the lowering of the personal exemption to only $600, a tactic that pushed most American families into paying at least some income tax for the first time. Shortly thereafter, Congress rescinded the executive order, but went along with the reduction of the personal exemption. well smack my ass and call me mike, thats just unreal

Now you know why I think he's one of the worst U.S. Presidents in history.
Freedorandack
03-04-2004, 09:23
its called comunism. government gets all of ur money and sends you the bare minimum amuot with which to live.

Which in turn puts everyone in the soup lines.

precisely
moral of the story - communism sucks balls
Greater Valia
03-04-2004, 09:23
its called comunism. government gets all of ur money and sends you the bare minimum amuot with which to live.

Which in turn puts everyone in the soup lines.

precisely
moral of the story - communism sucks balls that it does
Xanthal
03-04-2004, 09:26
Greater Valia: Your complete lack of ability to logically defend your arguments amuses me. I can see I'm not going to get through to any of you here, so I'll say good day.
Greater Valia
03-04-2004, 09:29
Greater Valia: Your complete lack of ability to logically defend your arguments amuses me. I can see I'm not going to get through to any of you here, so I'll say good day.shit! this wasnt even supposed to be about that, christ jesus. the whole point i was trying to make was how fucked up the NS political system is! oh, im not in the mood for a debate right now, but to defend my argument, look at the former soviet union, nuff' said
Greater Brittannia
03-04-2004, 09:29
if communism "sucks balls" then explain how Cuba, China, other communist countries and the former Eastern Bloc mostly have a higher standard of hospital healthcare and overall education than capitalist countries
Filamai
03-04-2004, 09:30
The nations with 100% income tax rates have effectively given up a system of exchange in favour of a system of distribution.

Which does not necissarily mean a low standard of living; look at my nation.
Freedorandack
03-04-2004, 09:34
if communism "sucks balls" then explain how Cuba, China, other communist countries and the former Eastern Bloc mostly have a higher standard of hospital healthcare and overall education than capitalist countries

china's not comunist anymore, or so im told
cuba is a dictatorship under castro
only other comunist nations i can think of are north korea and bvietnam, and niether seems to be in a paticularly good spot at the moment
Collaboration
03-04-2004, 09:42
These tax rates are not a conscious choice of the nation, they are an interpretation of answer results by the game.

I'm supposed to have a high crime right too but I defy anyone to justify that result based on my gameplay.
Filamai
03-04-2004, 10:28
These tax rates are not a conscious choice of the nation, they are an interpretation of answer results by the game.

I'm supposed to have a high crime right too but I defy anyone to justify that result based on my gameplay.

Yours is an Anarchy. What did you expect?
03-04-2004, 10:31
I keep getting the same issues over and over (even when I already addressed them) and if I address them again,my tax rates go up. Heck, if I ignore them, my tax rates go up. Plus, everyone moved into tree houses. Probably because the tax rates are so high they can't afford to live on the ground.