/vt/ - Virtual Youtubers

https://twitter.com/ourokronii/status/1676184817292177408
Friday's Getting Over It is gonna include all of council (&IRyS), probably as commentators I'm guessing

>>39914965

>>31325591

>>30471018
common sense

Republic Owl / Pecпyбликa Филин / République Hibou / 共和国 ワシミミズク
Taxes.

Economic policy is dictated first by the government's department of economics, it recieves advice and requests from the other departments, the department of ecomony does yearly reviews from every 4th month and 6th day for however long is needed where it will check fund allocation and collect taxes.
In these yearly reviews the department will also organize business owners, farmers, traders, economic theorists, industrialists along with industrial workers, and miners under the "Industrial Strategy Meetings" to further the economic strength of the Republic, currently divided between the industrialist faction, the neo-physiocrats as the biggest factions, but there are multiple smaller factions working towards securing certain goals.

The Republic's tax system is at a national scale and regulated by the Republican Revenue and Income that employs the aid of the National Bank and the Postal Service under the Department of Economics.
The RRI as an office performs investigations and rulings on fiscal crime and those that have commited rule breaks. They have wide ranging powers to ensure the swift workings of the government's bureaucracy and are feared by those working in grey areas. They end up being a law enforcement agency all on their own.
Yearly tax collection is done by the postal service of the Republic under direction of the RRI, typically armed with pistols and short blades if the need comes by, a common urban legend of the postal service is how they'll lay siege towards entire sectors of a city if they do not obtain what they ask for.
The national bank aids the postal service and the RRI by easing adminstrative tasks.

Progressive income tax of 10% at a minimum of 200 Beryls per year, increasing to a maximum of 50% income tax at 4200 Beryls per year through a system where tax is increased every 200 beryls by 2%
Property tax is considerably lower at a stunning rate of 0%, property is not taxed unless the land is unused by the owner, in which case it is taxed at a rate of 20% by the sale of land. Property tax remains in debate by the Industrial Strategy Meetings.
Tax grants can be given according to certain ventures a citizen may or may not take, decorated soldiers, centers of institution, researchers in sciences and technology, physically discapacitated persons, among others can all recieve tax relief by 5% to 20%. Research grants by the government are not subject to taxation.
Government administration workers all recieve a 5% tax reduction by default.
Corporation tax is a recent addition to the taxation rules, before that corporations and business fell under income tax rulings.
Corporation tax works by the reviewing of individual tax against the income and earnings of the company, individuals are unable to dodge taxation by investing towards the company for the company itself will be taxed by percentages to what has been invested in it. This only applies to the initial investment.
Discussion towards the taxing of individual gains on finalized investments are still ongoing.
Generally, 15% taxes on investments towards a company is the standard, but it may grow depending on how large the company in question grows. In addition to the investment tax, companies are also taxed for earnings at a rate of 5% to 20%, companies may apply for tax relief if the products they market are considered strategic goods.
Regarding foreign companies, taxation is much heavier, with up to 60% taxes on investment and earnings.
Businesses generally have steady and low tax rates, up to 5% starting from 1% due to the nature of consumer goods in the Republic. Small business owners may request reductions in personal income tax to care further for their businesses.

Tariffs are multiple, they target foreign products to ensure that Republican products remain cheaper than them unless it is a product that does not exist in the Republic, in such a case the tariff is reduced.
As an example, steel is the subject of protection and foreign steel is subject to heavy tariffs up to 100%. However it is a very extreme case.
Most foreign products recieve an import tariff rate of 2% to 25% depending on the product. As an example, foreign foodstuffs are not taxed as much as foreign wool is.
Those under the reduced tariff rule start at 2% and max out at 10%
Export tariffs on the other hand are given out according to strategic and diplomatic need, exports toward rival or unfriendly regimes get large tariffs while exports toward direct allies can recieve negative tariffs.
Only direct allies may recieve tariff reductions, tipically for strategic resources as is the case for Hoshiyomia and their need for potatoes and their navy's relationship towards the Republican one.
Free trade agreements may be given out to allied nations in which their exports and imports recieve very few tariffs.

Anchoring.
>>29477849

>>26721498

>>23018318
what is the economic policy of the Candy Kingdom and I would like a detailed analysis on your technology.

>>22763030

warning: very cool nanashi mumei
https://twitter.com/oreebis/status/1516127746941849600