The inactivity tax is necessary because we have several players who cannot be deregistered due to objections, and because it serves a different purpose than the wealth tax. The wealth tax is primarily to disincentivse hoarding, and will only bring in really huge amounts of money if the secretary increases it as an emergency measure. Inactive players don't hoard because they think it makes economic sense, they hoard because they're not paying attention. Having them keep large amounts of money means that it isn't actively moving through the economy, which means it's not doing anyone any good. I might consider setting untaxed amount to be derived from the floating value, but I rather like the simplicity of it depending on as few variables as possible.
-Aris On Fri, Oct 20, 2017 at 3:58 PM, Madeline <[email protected]> wrote: > Is the inactivity tax really necessary? Shinies of deregistered players > already don't count towards the supply limit. I'm alright with the idea of a > wealth tax, but you might want to tie your shiny values to the supply limit > rather than hardcoding them so that it's futureproof. (Something like supply > limit / two times the playercount as the minimum should work?) > > > > On 2017-10-21 09:53, Aris Merchant wrote: >> >> Our economic troubles have gone on long enough. Printing money has >> been rejected, despite it being what we had intended to use if we ever >> run out. If we don't want to print money, we _need_ taxes. I intend to >> write a tax proposal, but first we need to decide on the tax rates. >> Income taxes won't really work, as they would incentivize hoarding. I >> propose the following two taxes. >> >> 1. Wealth tax. Every month, X% percent of a persons wealth, rounded up >> (where X is a value between 0 and 25 set in a regulation by the >> Secretary/Treasuror, and defaults to 10, although these values could >> be adjusted) is transferred to Agora. This incentivizes spending >> because hoarded money can go away very quickly, but not without >> warning. I suggest that the percent be applied only to the portion of >> a persons wealth above 10 shinies, and that if contracts are adopted, >> the tax should apply to all contracts not exempt from sustenance >> payments. >> >> 2. Inactivity tax. If a person has neither claimed a reward nor spent >> money (to limit our measures of activity to things the >> Secretary/Treasuror already tracks) in the last month, the >> Secretary/Treasuror CAN and SHALL take 80 percent (that number can >> change if people don't like it) of all shinies past the first 10 for >> Agora with notice. >> >> Let the debates begin. >> >> -Aris
