Change how people are charged on taxes

To improve the tax system, we should change the tax frequency from weekly to monthly. This means the current weekly tax would become the new monthly tax.

Example

  • A Jester (Modern) costs $120,000 with a weekly tax of $1,200. This totals $4,800 per month, which is manageable but slightly annoying.

  • Instead, the tax should be $1,200 per month. We could set the tax due date to the first of every month for simplicity.

Benefits

  • Consider a plane costing $1.5 million with a weekly tax of $10,000. Under the current system, owners have to constantly grind to pay these taxes since the item can't be sold.

  • The same issue applies to high-end cars. A large weekly tax discourages purchases.

  • Changing to a monthly tax will make it easier for people to afford new cars, planes, warehouses, and houses, enhancing their overall experience.

By shifting to a monthly tax system, people will feel less pressured and more inclined to invest in new assets.

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Upvoters
Status

Completed

Board

πŸ’‘ Suggestions

Tags

High Priority

Date

Over 1 year ago

Author

MrE1ectric

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