tax rate
Posted: Fri Sep 18, 2020 7:41 am
Not sure if this is the right place but is it possible to lower my tax rate but keep my healthcare top notch?
Because sometimes even national leaders just want to hang out
https://forum.nationstates.net/
Arstotzzkka wrote:Not sure if this is the right place but is it possible to lower my tax rate but keep my healthcare top notch?
Land Without Shrimp wrote:Arstotzzkka wrote:Not sure if this is the right place but is it possible to lower my tax rate but keep my healthcare top notch?
It's possible, but will be difficult and take a while. Your tax rate is pretty high at the moment. The strategy here (which will take a while) will just be to avoid public spending options wherever possible...EXCEPT with healthcare. If you go with reducing tax options everywhere else, you'll lower your tax with time. The problem for you is, some of the best tax reducing options (Issue 490, option 1 will really cut your tax rate ) will impact healthcare for sure. Healthcare is "public" healthcare after all, so anytime you try and rein in government spending, it will usually impact healthcare adversely.
So - only option here is slow and steady. Don't choose to spend government money on things (like subsidizing industry, defense-spending, social programs...) except health-care, and you'll drop your tax-rate gradually over-time.
Arstotzzkka wrote:Land Without Shrimp wrote:It's possible, but will be difficult and take a while. Your tax rate is pretty high at the moment. The strategy here (which will take a while) will just be to avoid public spending options wherever possible...EXCEPT with healthcare. If you go with reducing tax options everywhere else, you'll lower your tax with time. The problem for you is, some of the best tax reducing options (Issue 490, option 1 will really cut your tax rate ) will impact healthcare for sure. Healthcare is "public" healthcare after all, so anytime you try and rein in government spending, it will usually impact healthcare adversely.
So - only option here is slow and steady. Don't choose to spend government money on things (like subsidizing industry, defense-spending, social programs...) except health-care, and you'll drop your tax-rate gradually over-time.
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