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Jenny Spitfire
Caldari
Requiem of Hades
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Posted - 2007.03.22 09:02:00 -
[1]
Edited by: Jenny Spitfire on 22/03/2007 08:58:58
My idea on how to balance eVe economy and reduce inflation. Before I present my idea, I want to make my post credible by declaring that I am a RL economist with many years experience.
Q. How to balance the economy and reduce inflation?
A. My favourite word, tax.
Implementation.
Have a monthly tax from CCP/eVe bank on wallet and assets. Taxation on assets are done by moving average of value in assets in market over one month. Apply different tax bands on toons with different values in wallet and assets. If inflation is going out of control, adjust interstellar tax rate to balance economy.
Awesome idea, isn't it?
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Technica impendi Caldari generis. Pax Caldaria!
Kali is for KArebearLIng.
I 100% agree with Avon.
Female EVE gamers? Mail Zajo or visit WGOE.Public in-game. |
Motorcycle Emptiness
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Posted - 2007.03.22 09:06:00 -
[2]
Edited by: Motorcycle Emptiness on 22/03/2007 09:03:31
If i had billions of iskies i'd just store them in contracts rewards for myself. evading the tax.
and just because i bang my head off the wall occasionally doth not make me a brain surgeon.
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Alexi Borizkova
Caldari
New Age Solutions
New Age Solutions Amalgamated
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Posted - 2007.03.22 09:08:00 -
[3]
 Originally by: Motorcycle Emptiness
If i had billions of iskies i'd just store them in contract rewards for myself.
I'd make a habit of cashing them out into tiny valuable needful things and using direct trades or alt frontment for my business.
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Terro Deagas
Minmatar
Kapital Punishment
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Posted - 2007.03.22 09:08:00 -
[4]
Eve isn't a real-world economy
Sorry, but this idea makes me shudder. I like my iskies where they are
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Ronaldson
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Posted - 2007.03.22 09:14:00 -
[5]
No taxation without representation
Dont tread on me
I live with property tax, income tax. sales tax, death tax
hell more dang taxes than this nation went to war over
a tax on assets would mean I would have to work on making isk, key word WORK
this is a game I would rather have fun at.
making isk isnt something I want to be forced into doing just to keep my ships
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Maam
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Posted - 2007.03.22 09:15:00 -
[6]
You've been watching Gordon Brown haven't you?
Only if I can have an in game Stocks & Shares ISA, with investments split between the EVSE 100 share index (top 100 corps)?
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Sisco Deivas
Caldari
Caldari Provisions
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Posted - 2007.03.22 09:20:00 -
[7]
Edited by: Sisco Deivas on 22/03/2007 09:16:24
Originally by: Maam
You've been watching Gordon Brown haven't you?
Only if I can have an in game Stocks & Shares ISA, with investments split between the EVSE 100 share index (top 100 corps)?
She'd be stealing out of the pension fund then... surely? |
Schultze
Caldari
Net 7
Brotherhood Of Steel
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Posted - 2007.03.22 09:24:00 -
[8]
Edited by: Schultze on 22/03/2007 09:21:47
The economy is having hick-up's not doubt, but with more than 3 years experience in eve. I would say these hick-up are of the good kind. I belive we are seeing a new market forming, mostly due to the extinction of macro miners. Demand on minerals has not changed but prices have, Mexallon is selling for 25 ISK and Pyerite is going for 10 ISK a unit.
In other words the wealth of eve is now getting more evenly distributed. Giving the masses a greater buying power does not equal increased inflation. Once the "rich¦s" buying power have been scaled down, mineral prices will drop fast. And the market should even out.
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Del ReyII
Caldari
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Posted - 2007.03.22 09:29:00 -
[9]
So if I buy a raven from person a from market, he has payed sales tax on that item, afterwards according to your scheme and in relation to my wallet+assets, I got to pay taxes on that raven because its in my assets, and then if I sell it, I get to pay taxes again. Your a RL economist? Are you sure your not a member of a government body?
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Hillesumos
Minmatar
Constructive Influence
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Posted - 2007.03.22 09:38:00 -
[10]
Instead of tax you could use a different system called interest rate. Atm, iskies sitting on your wallet do not earn any interest or anything really. Now let say that you earn 1% a week. Adavantage would be that the more mature player with lot of money would do too many carebear stuff since they would only use their interest payment to fund their expensive pvp habit. The tech 2 BPO would be sold by non industrialist to people who would make more money with them.
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Sadly I just make ISK, I don't print it. :(
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Bosie
Veto Corp
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Posted - 2007.03.22 09:54:00 -
[11]
Originally by: Jenny Spitfire
I want to make my post credible by declaring that I am a RL economist with many years experience.
I would like to make my post credible by declaring that I am a RL taxpayer with many years experience:
No.
"There is a forgotten, nay almost forbidden word,
which means more to me than any other.
That word is ENGLAND."
. |
Motorcycle Emptiness
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Posted - 2007.03.22 09:56:00 -
[12]
Originally by: Bosie
Originally by: Jenny Spitfire
I want to make my post credible by declaring that I am a RL economist with many years experience.
I would like to make my post credible by declaring that I am a RL taxpayer with many years experience:
No.
you win the thread, as they say 
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AKULA UrQuan
Caldari
STK Scientific
INVICTUS.
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Posted - 2007.03.22 10:00:00 -
[13]
*Glances at assets*
err....no?
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Hannobaal
Gallente
Igneus Auctorita
Free Trade Zone.
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Posted - 2007.03.22 10:16:00 -
[14]
If they want to fight inflation they should work on all the different artificial ways that money is brought into the economy through NPCs (like rat bounties, mission payments, and insurance).
------------------
"If you ever need anything, please don't
Hesitate to ask someone else first." |
Motorcycle Emptiness
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Posted - 2007.03.22 10:19:00 -
[15]
Originally by: Hannobaal
If they want to fight inflation they should work on all the different artificial ways that money is brought into the economy through NPCs (like rat bounties, mission payments, and insurance).
as a matter of factoids, they are!
For example, in the training deadspace complexes the rats now only give 100 isk per in bounties instead of 1000 isk. the shockwaves are spreading through the economy as we trifle here with mere words!!
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Crumplecorn
Gallente
Eve Cluster Explorations
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Posted - 2007.03.22 11:00:00 -
[16]
Originally by: Jenny Spitfire
toons
STFU
-
If you go into your options menu, there's a difficulty slider. Put that all the way over to the easiest setting and you'll be fine. |
Jenny Spitfire
Caldari
Requiem of Hades
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Posted - 2007.03.22 13:08:00 -
[17]
Originally by: Alexi Borizkova
Originally by: Motorcycle Emptiness
If i had billions of iskies i'd just store them in contract rewards for myself.
I'd make a habit of cashing them out into tiny valuable needful things and using direct trades or alt frontment for my business.
Feel free to use 1000 alt toons to avoid tax. I am sure CCP would be happy that each player would own 334 game accounts for tax benefits. 
---------
Technica impendi Caldari generis. Pax Caldaria!
Kali is for KArebearLIng.
I 100% agree with Avon.
Female EVE gamers? Mail Zajo or visit WGOE.Public in-game. |
Jenny Spitfire
Caldari
Requiem of Hades
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Posted - 2007.03.22 13:09:00 -
[18]
Originally by: Crumplecorn
Originally by: Jenny Spitfire
toons
STFU
What is wrong with toons?
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Technica impendi Caldari generis. Pax Caldaria!
Kali is for KArebearLIng.
I 100% agree with Avon.
Female EVE gamers? Mail Zajo or visit WGOE.Public in-game. |
Jenny Spitfire
Caldari
Requiem of Hades
|
Posted - 2007.03.22 13:10:00 -
[19]
Originally by: Hannobaal
If they want to fight inflation they should work on all the different artificial ways that money is brought into the economy through NPCs (like rat bounties, mission payments, and insurance).
But there is no better ISKs sink than tax from Gods.
---------
Technica impendi Caldari generis. Pax Caldaria!
Kali is for KArebearLIng.
I 100% agree with Avon.
Female EVE gamers? Mail Zajo or visit WGOE.Public in-game. |
Jenny Spitfire
Caldari
Requiem of Hades
|
Posted - 2007.03.22 13:11:00 -
[20]
Originally by: Del ReyII
So if I buy a raven from person a from market, he has payed sales tax on that item, afterwards according to your scheme and in relation to my wallet+assets, I got to pay taxes on that raven because its in my assets, and then if I sell it, I get to pay taxes again.
Tax is working as intended, ISKs sink. ISKs sink is good for curing inflation. Rich players would be taxed more than poor players. All is good.
---------
Technica impendi Caldari generis. Pax Caldaria!
Kali is for KArebearLIng.
I 100% agree with Avon.
Female EVE gamers? Mail Zajo or visit WGOE.Public in-game. |
Porphyro
Coreli Corporation
Corelum Syndicate
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Posted - 2007.03.22 13:11:00 -
[21]
Originally by: Jenny Spitfire
Originally by: Crumplecorn
Originally by: Jenny Spitfire
toons
STFU
What is wrong with toons?
The same thing thats wrong with "eVe" 
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Winterblink
Body Count Inc.
Mercenary Coalition
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Posted - 2007.03.22 13:12:00 -
[22]
I'd rather see the cash in my wallet accrue interest rather than be taxed to oblivion. Alternately, give us a bank where we can store our iskies, for a more RP feel to the interest concept.
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heheheh
Singularity.
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Posted - 2007.03.22 13:16:00 -
[23]
ridiculous suggestion.
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getmoving
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Posted - 2007.03.22 13:28:00 -
[24]
Originally by: Jenny Spitfire
Edited by: Jenny Spitfire on 22/03/2007 08:58:58
My idea on how to balance eVe economy and reduce inflation. Before I present my idea, I want to make my post credible by declaring that I am a RL economist with many years experience.
Q. How to balance the economy and reduce inflation?
A. My favourite word, tax.
Implementation.
Have a monthly tax from CCP/eVe bank on wallet and assets. Taxation on assets are done by moving average of value in assets in market over one month. Apply different tax bands on toons with different values in wallet and assets. If inflation is going out of control, adjust interstellar tax rate to balance economy.
Awesome idea, isn't it?
benefits section.
i sit about in my pod getting paid out of someone elses taxes :)
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Arx Impera
Amarr
Gr0und Zer0
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Posted - 2007.03.22 13:40:00 -
[25]
Edited by: Arx Impera on 22/03/2007 13:37:16
Having isks deducted from you each, say, month based on the amount you already have would awful.
Having it be deducted out of the value of your assets would be even worse. Then EVE becomes a job, where you have to engage in isk making, regardless if you want to goof around or whatever, taking away freedom of play in a way, only to pay your bills, a "wonderful" concept....
You say the rich are taxed more, the poor less, only that the poor now struggle even more, and the rich, with a rate of income, can thrive either way.
How it could work? If you were taxed based on your gains. It would be pointless in the way that CCP could easily just reduce the isk gain in certain areas of the game, but could be interesting that they would suddenly have 1 huge lever to turn and twist accordingly.
Regardless, dont turn the game into RL.
...who of course promptly went bat****, flipped out and killed some people. |
B0rn2KiLL
DEATHFUNK
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Posted - 2007.03.22 13:44:00 -
[26]
Edited by: B0rn2KiLL on 22/03/2007 13:41:01
Originally by: Jenny Spitfire
Edited by: Jenny Spitfire on 22/03/2007 08:58:58
My idea on how to balance eVe economy and reduce inflation. Before I present my idea, I want to make my post credible by declaring that I am a RL economist with many years experience.
Q. How to balance the economy and reduce inflation?
A. My favourite word, tax.
Implementation.
Have a monthly tax from CCP/eVe bank on wallet and assets. Taxation on assets are done by moving average of value in assets in market over one month. Apply different tax bands on toons with different values in wallet and assets. If inflation is going out of control, adjust interstellar tax rate to balance economy.
Awesome idea, isn't it?
no.
t2 bpo owners\past owners and benefactors (EDIT: like, yourself) will be happy to take the hit. us commoners wont. so no thanks.
a very bad suggestion. etc
---
Originally by: Oveur
It's important to understand that EVE is a "PvP" focused game
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Alphamarine
Minmatar
Rage Academy
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Posted - 2007.03.22 13:46:00 -
[27]
I will selflessly put myself forward as tax collector, since i am always skint from buying T2 ships like most in eve i endorse the tax idea Jenny
p.s. Didn't you try and sell me a Vaga for 300 mill once, now thats inflation
CEO Rage Academy |
Stamm
Amarr
Three Holdings
Rule of Three
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Posted - 2007.03.22 13:52:00 -
[28]
You're a RL economist with many years experience and this is the best you could come up with?
Come off it.
If you'd said "I once wiped my arse with a copy of The Economist" that might be closer to the truth.
Taxation of static assets is just not going to work.
If ISK inflation needs combatted - Does it? - then continue on with things the way they are. Don't introduce new ways for ISK to enter the game.
And work out ways to increase the current ISK sinks -
Decrease the amount of ice required to run POSs, and increase the NPC goods.
Remove insurance.
Switch some of belt rats bounty to CONCORD/DED loyalty points (Warning, unpopular).
Etc.
Taxation when money changes hands is fine, taxation of peoples wallets is ludicrous.
And yes I do have a degree in Economics, but it has no relevance to these banal concepts :P
Galaxian Recruitment Info |
Mr Mozzie
Eve University
Ivy League
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Posted - 2007.03.22 14:10:00 -
[29]
I think it is quite simple; CCP should hire real life economists to watch over the eve economy.
Lots of people think that economics is some made up arbitrary bs that has no real world meaning. It isn't so.
The laws of economics are just as compulsory as the laws of physics, (I say that as a physicist). In other words, you wouldn't build a bridge without an engineer, so why would you have an economy without an economist, (especially if the economy is in a rapidly changing environment).
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Malachon Draco
eXceed Inc.
INVICTUS.
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Posted - 2007.03.22 14:17:00 -
[30]
Edited by: Malachon Draco on 22/03/2007 14:14:05
Originally by: Mr Mozzie
I think it is quite simple; CCP should hire real life economists to watch over the eve economy.
Lots of people think that economics is some made up arbitrary bs that has no real world meaning. It isn't so.
The laws of economics are just as compulsory as the laws of physics, (I say that as a physicist). In other words, you wouldn't build a bridge without an engineer, so why would you have an economy without an economist, (especially if the economy is in a rapidly changing environment).
I am an economist, and one specialized in taxes and the effects of taxation. There is a big difference between RL economics and the economics of Eve, although the general 'laws' of economics will still apply to some extent, their effects can be vastly different due to the existence of some constraints as well as the absence of others.
As for a tax on wealth, while it conceivably could work if you taxed all assets, there are too many ways to avoid such a tax, and the benefits in terms of inflation are marginal at best. CCP has much better tools at its disposal that could reduce inflation if they so choose, and with less side-effects.
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In completely unrelated news, after careful research, the Guiding Hand Social Club concludes that no member of the Guiding Hand Social Club is guilty of corptheft. |
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