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The above is our tax income; we'll use this for illustrative purposes (i.e. relative impact) as I'm not sure about the time frame and fluctuations.
I propose the following:
1) Get rid of import taxes on all raw materials except diamond (or to 1%, whatever is minimum). This is particularly because we have a chronic shortage of iron among Korean businesses, and 5% translates to 0.2KRW iron (0.008g) becoming 0.21KRW iron, thus uneconomical.
2) Raise income tax on grain, oil, stone, wood, houses, and estates to 8%. There are barely any workers in most of these, and in the cases there are, a lower income tax incentivises workers to work in unproductive industries.
3) Harmonize VAT on all products to 2%, with the exception to Houses and Estates (i.e. big ticket items) at 1%. What this really means is just lowering VAT on tickets to 2%.
So the final picture will be as follows:
Iron, Grain, Oil, Stone, Wood : VAT 0%, Import Tax 1%, Income Tax 8%
Diamond : VAT 0%, Import Tax 15%, Income Tax 8%
Gift : VAT 2%, Import Tax 15%, Income Tax 8%
Weapon, Ticket : VAT 2%, Import Tax 5%, Income Tax 8%
House, Estate, Defense System, Hospital : VAT 1%, Import Tax 1%, Income Tax 8%
Which leaves food.
As a big producer, I like having a reliable Korean market to sell into. That said, I must admit that food prices in Korea tend to be slightly higher then world average, and on occasion runs out. As such, I think a compromise might be 5% Import Tax rather then an 8% one.
The above is what I consider the no-brainer draft proposal (i.e. minimal loss, mostly improvements)
Some other thoughts that we might consider would be the possibility of lowering Income Tax for Iron (to try to incentivise foreign workers to come work in Korea), but such changes would impact our income tax revenue too, so is more questionable.
In any case, I'll read the comments, and if/when a consensus emerges, I'll write up a final version that congress can start passing.
-danyeo
Duke of Formosa
Leader of the Straw Hat Pirates
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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.
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