NATION

PASSWORD

Economic Freedom Index

A place to put national factbooks, embassy exchanges, and other information regarding the nations of the world. [In character]

Advertisement

Remove ads

User avatar
Viscondy
Bureaucrat
 
Posts: 59
Founded: Jun 24, 2015
Ex-Nation

Postby Viscondy » Mon Dec 26, 2016 2:04 pm

On a scale from 1-10, how easy is it in your country to start your own business? 8
On a scale of 1-10, how UNregulated is trade to and from your nation? 5, we have common sense regulations on things dangerous or produced unethically
Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes
What is your government spending as a percentage of your GDP? 41%
What is the top income tax rate? 60%
What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 35%
What is the top corporate tax rate? 40%
Do you have a national sales tax? If so, what rate? 5%
Do you have a VAT tax? If so, what rate? 5%
Does your country have taxes at regional or local levels? No
Does your nation have a stock exchange? Yes
What is the top tax rate on investments? 15%
Are your nation’s banks state owned? No
On a scale from 1-5, how much value does your nation place on property rights? 3
On a scale from 1-10, how common is corruption in your government? (be honest) 1

User avatar
Marnady
Envoy
 
Posts: 222
Founded: Jul 30, 2014
Psychotic Dictatorship

Postby Marnady » Mon Dec 26, 2016 2:45 pm

On a scale from 1-10, how easy is it in your country to start your own business? 1, it is very easy to start a business here, there are no regulations, well, no officials regulations.

On a scale of 1-10, how UNregulated is trade to and from your nation? 1, trade is not regulated.

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? no

What is your government spending as a percentage of your GDP? we have no government.

What is the top income tax rate? 0

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 0

What is the top corporate tax rate? 0

Do you have a national sales tax? If so, what rate? 0

Do you have a VAT tax? If so, what rate? 0

Does your country have taxes at regional or local levels? no

Does your nation have a stock exchange? Yes we have one, but the majority of the population cannot invest in.

What is the top tax rate on investments? 0

Are your nation’s banks state owned? no

On a scale from 1-5, how much value does your nation place on property rights? 1, property rights are absolute here

On a scale from 1-10, how common is corruption in your government? (be honest) we have no government, hence we are not corrupt. We stand property rights.

User avatar
The Union of Continental States
Envoy
 
Posts: 228
Founded: Dec 17, 2016
Ex-Nation

Postby The Union of Continental States » Mon Dec 26, 2016 3:44 pm

On a scale from 1-10, how easy is it in your country to start your own business? 7

On a scale of 1-10, how UNregulated is trade to and from your nation? 8

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? yes

What is your government spending as a percentage of your GDP? 31%

What is the top income tax rate? 17%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)

What is the top corporate tax rate? 15%

Do you have a national sales tax? If so, what rate? Sales tax is added to the Price. Mainly 3% added on to the original price.

Do you have a VAT tax? If so, what rate? no.

Does your country have taxes at regional or local levels? yes

Does your nation have a stock exchange? Yes.

What is the top tax rate on investments? none

Are your nation’s banks state owned? Yes.

On a scale from 1-5, how much value does your nation place on property rights? 4.5

On a scale from 1-10, how common is corruption in your government? (be honest) 3.5
American Freedom: 1776 A.D. - 3235 A.D.
Population After 2078 A.D.: 1,173,315,285

Active Ground Troops: 3,150,000
Reserves: 16,700,000
Militia Strength: 58,510,000
Gun Owners: 615,000,000
Free Market, The US Constitution, Gun rights, Freedom of speech, Libertarianism, Republicanism, Trump, Large military, Small government, Brexit, Nigel Farage, Austin Petersen, Milo Yiannopoulos, Russia/USA unity
Hillary Clinton, Liberalism, Social conservatism, SJWs, you get the drift...





BREAKING NEWS: President Timsler orders 12,600 more M1A8 Abrams Tanks for the military, breaking the 70,000 barrier.

User avatar
Outer Sparta
Post Marshal
 
Posts: 15107
Founded: Dec 26, 2014
Democratic Socialists

Postby Outer Sparta » Mon Dec 26, 2016 5:14 pm

On a scale from 1-10, how easy is it in your country to start your own business? 6, but regulations still have to

On a scale of 1-10, how UNregulated is trade to and from your nation? 4, with tariffs at 30%

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? 42%

What is the top income tax rate? 65% for top 1%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 35%

What is the top corporate tax rate? 55%

Do you have a national sales tax? If so, what rate? No

Do you have a VAT tax? If so, what rate? No

Does your country have taxes at regional or local levels? No

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? 15%

Are your nation’s banks state owned? Yes

On a scale from 1-5, how much value does your nation place on property rights? 3

On a scale from 1-10, how common is corruption in your government? (be honest) 2.5
Free Palestine, stop the genocide in Gaza

User avatar
Emperio Maharlika
Diplomat
 
Posts: 523
Founded: Dec 20, 2016
Ex-Nation

Postby Emperio Maharlika » Tue Dec 27, 2016 12:33 am

On a scale from 1-10, how easy is it in your country to start your own business?
Its easy, provided you start said business on sectors allowed by government for private enterprise
Trade regulations still exist anyway, so overall? 6/10


On a scale of 1-10, how UNregulated is trade to and from your nation?

5/10

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
Yes

What is your government spending as a percentage of your GDP?
26.1%

What is the top income tax rate?
25% for the top 1% of families.

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)

13.6%

What is the top corporate tax rate?
10%

Do you have a national sales tax? If so, what rate?

No

Do you have a VAT tax? If so, what rate?
0

Does your country have taxes at regional or local levels?
Yes, micromanagement of corporate tax is present in regions through the "Economic Federalism" policy.

Does your nation have a stock exchange?

Yes

What is the top tax rate on investments?
5%

Are your nation’s banks state owned?

Yes

On a scale from 1-5, how much value does your nation place on property rights?

7/10

On a scale from 1-10, how common is corruption in your government? (be honest)
4/10
BALITANG MAKABAYAN: Ayala Diversified celebrates 234th anniversary, remains oldest and largest conglomerate in PH  ||  Punong: (Zóbel de Ayala family) aided state development of PH, helped rebuild Mindanao post-2050 Civil War  ||  Chairman of Ayala Diversified: 'We deliver results', alludes to role of conglomerates in economic growth || 1 USD=12.46PHP ||

The Seventh Republic of the Philippines
Oligarchy | PMT | Cyberprep
yeah you guessed it we took the name inspiration from france and then we said why not try developing a filipino chaebol system + some neoliberal economics, a dash of mUh AsiAn CoMmuTiNAiRan ValYOOs (good ol authoritarianism) & haha screw it another jab at how the marcos dynasty just wont GO AWAY

i don’t live in the Philippines although my factbooks tell you otherwise

User avatar
Banten Sultanate
Envoy
 
Posts: 275
Founded: Dec 12, 2016
Ex-Nation

Postby Banten Sultanate » Tue Dec 27, 2016 4:57 am

On a scale from 1-10, how easy is it in your country to start your own business? 8 out of 10

On a scale of 1-10, how unregulated is trade to and from your nation? 8 out of 10

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? 20%

What is the top income tax rate? 18%

What percentage would an average middle class family probably pay in taxes? 80%

What is the top corporate tax rate? 10%

Do you have a national sales tax? If so, what rate? Yes - 10%

Do you have a VAT tax? If so, what rate? Yes - 10%

Does your country have taxes at regional or local levels? Regional level

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? 0.5%

Are your nation’s banks state owned? Some of them

On a scale from 1-5, how much value does your nation place on property rights? 4 out of 5

On a scale from 1-10, how common is corruption in your government? 4 out of 10
-= BANTEN SULTANATE =-

Capital City: Tangerang | Head of State: Sultan Mahfuz Daud | Head of Government: Minister Jiang Gang |

Classification: Capitalizt | Anthem: "Greater Sunda" | Motto: "Faith and Devotion" |

Major Ethnic: Sundanese | Major Religion: Islam | Total Population: 16 Million

User avatar
The English Regions
Chargé d'Affaires
 
Posts: 465
Founded: Jun 13, 2012
Civil Rights Lovefest

Postby The English Regions » Tue Dec 27, 2016 5:20 am

On a scale from 1-10, how easy is it in your country to start your own business? 7/10

On a scale of 1-10, how UNregulated is trade to and from your nation? 8/10

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
Yes

What is your government spending as a percentage of your GDP?
50.4%

What is the top income tax rate?
65% to 77.5% (Marginal)

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)
28% to 38% (depends on region)

What is the top corporate tax rate?
25%

Do you have a national sales tax? If so, what rate? 5%

Do you have a VAT tax? If so, what rate? 5%, regions can levy rates of up to 2.5%.

Does your country have taxes at regional or local levels?
Yes, local property taxes and VAT tax are usually collected locally. Regions are allowed to levy income tax rates of up to 12.5%.

Does your nation have a stock exchange?
Yes

What is the top tax rate on investments?
15%

Are your nation’s banks state owned?
40% are state-owned, 35% are cooperatively owned, 25% are privately owned.

On a scale from 1-5, how much value does your nation place on property rights?
4

On a scale from 1-10, how common is corruption in your government? (be honest) 1
Last edited by The English Regions on Tue Dec 27, 2016 5:21 am, edited 1 time in total.

User avatar
Monchecken
Bureaucrat
 
Posts: 60
Founded: Dec 11, 2016
Ex-Nation

Postby Monchecken » Tue Dec 27, 2016 6:21 am

On a scale from 1-10, how easy is it in your country to start your own business?
Quite easy, 7/10.

On a scale of 1-10, how UNregulated is trade to and from your nation?
Moderate amounts of regulation exist, especially to protect the Moncheck environment from foreign evasive species, but generally free trade is in effect 7/10.

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
Yes, the Bank of Monchecken.

What is your government spending as a percentage of your GDP?
32.5% of GDP.

What is the top income tax rate?
60% for the highest earners.

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)
An average middle class family in Monchecken would probably pay near 35%-40% taxes when all payments are taken into account.

What is the top corporate tax rate?
17.5%

Do you have a national sales tax? If so, what rate?
No.

Do you have a VAT tax? If so, what rate?
Yes-20% for most items but lower rates exist for essential items and in some cases VAT is abolished for health and basic foodstuffs.

Does your country have taxes at regional or local levels?
Yes there are taxes levied at a regional and local levels, though the regional taxes are often passed down to the local governments.

Does your nation have a stock exchange?
Yes.

What is the top tax rate on investments?
Depending on the type of investment up to 40% but taxes for personal savings are much lower.

Are your nation’s banks state owned?
No, though there is one state owned bank designed to encourage competition.

On a scale from 1-5, how much value does your nation place on property rights?
3.5

On a scale from 1-10, how common is corruption in your government? (be honest)
Very low, 1-2.
The Commonwealth of Monchecken-MT nation, 10 million population, Nordic-British style economy and very laid-back, soft green, liberal society
King: Lucius II, Prime Minister: Oscar Luyss (Liberal)
Latest News: Luyss Becomes New Prime Minister, Liberals and Social Democrats to Form Coalition Government after Stunning Election Victory, Nationals Suffer Second Worst Result in Electoral History, United Tax Party and Independent Monchecken Gain Dozens of Seats, Tribalists Wiped Out, State Opening of Parliament on Wednesday, Cabinet Appointments Expected in the Next Few Days
General Elections in Monchecken-Results Here

User avatar
New Hocksmith
Spokesperson
 
Posts: 106
Founded: Oct 04, 2012
Ex-Nation

Postby New Hocksmith » Tue Dec 27, 2016 6:06 pm

I'm debating whether Marnady should be Free or Atypical Case, since it could go under anarcho-Capitalism or just total anarchy.
Last edited by New Hocksmith on Tue Dec 27, 2016 6:07 pm, edited 1 time in total.

User avatar
Estrago
Spokesperson
 
Posts: 137
Founded: Jun 14, 2012
New York Times Democracy

Postby Estrago » Wed Dec 28, 2016 9:25 am

On a scale from 1-10, how easy is it in your country to start your own business? 7

On a scale of 1-10, how UNregulated is trade to and from your nation? 4

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? we don't know

What is the top income tax rate? depends on the canton, currently the highest is about 40%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 30%

What is the top corporate tax rate? depends on the canton, currently the highest is at about 30%

Do you have a national sales tax? If so, what rate? No

Do you have a VAT tax? If so, what rate? Yes. 7% standard rate, 2.5% for food and drink

Does your country have taxes at regional or local levels? Yes. Most taxes are on cantonal level, and only special taxes (VAT, petrol tax, etc.) are federal.

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? 0%

Are your nation’s banks state owned? Some. There is the federally-owned National Bank issuing money etc. but not actually dealing with customers and every canton owns their own Cantonal Bank, which are fully functioning banks. But there are also many private banks, controlling the majority of the wealth.

On a scale from 1-5, how much value does your nation place on property rights? 4

On a scale from 1-10, how common is corruption in your government? (be honest) 3

User avatar
HUElavia
Minister
 
Posts: 2088
Founded: Jun 04, 2015
Civil Rights Lovefest

Postby HUElavia » Wed Dec 28, 2016 9:32 am

On a scale from 1-10, how easy is it in your country to start your own business? 8

On a scale of 1-10, how UNregulated is trade to and from your nation? 7

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? 40.2%

What is the top income tax rate? 100%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 98.1%

What is the top corporate tax rate? 50%

Do you have a national sales tax? If so, what rate? Yes, 14%

Do you have a VAT tax? If so, what rate? Yes, it's at 14%.

Does your country have taxes at regional or local levels? Regional

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? 25%

Are your nation’s banks state owned? Yes, they are state owned

On a scale from 1-5, how much value does your nation place on property rights? 3

On a scale from 1-10, how common is corruption in your government? (be honest) 1, It's rare for corruption to occur, and when it does occur, the politician is kicked out, and an election is held immediately to elect a new representative.

User avatar
The Intergalactic Universe Corporation
Senator
 
Posts: 4466
Founded: May 15, 2014
Ex-Nation

Postby The Intergalactic Universe Corporation » Thu Dec 29, 2016 6:59 am

Another response:

On a scale from 1-10, how easy is it in your country to start your own business? 10

On a scale of 1-10, how UNregulated is trade to and from your nation? 9

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? 7.8%

What is the top income tax rate? 0.2% flat tax

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 0.21%

What is the top corporate tax rate? 0.05%

Do you have a national sales tax? If so, what rate? No such tax

Do you have a VAT tax? If so, what rate? 2%

Does your country have taxes at regional or local levels? Few

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? None

Are your nation’s banks state owned? None

On a scale from 1-5, how much value does your nation place on property rights? 5

On a scale from 1-10, how common is corruption in your government? (be honest) 2 after the corruption crackdown
Last edited by The Intergalactic Universe Corporation on Sat Dec 31, 2016 3:05 am, edited 1 time in total.
Pro: Capitalism, Nationalism, Conservatism, Trump, Thatcherism, Reagan, Pinochet, Lee Kuan Yew, Republican Party, Conservative Party, USA, UK

Anti: Liberalism, Socialism, Communism, Mao, Marx, Hillary, Democratic Party, EU, DPRK, USSR
Class D4 Nation according to The Civilization Index
I'm a Proud Member of the DEUN! Are you?
I'm a proud member of LMTU. Are you?
Liberal Democrats: The Party of Common Sense! in the NSG Senate!

_[' ]_
(-_Q) If you support capitalism, put this in your signature.

OOC: I do not use NS Stats.
HoloNet News: Congress To Meet Next Monday | Public Sector Sees Slower Wage Growth In 2036 | Public Debt Expected To Reduce Again | Consumer Spending Up For Chinese New Year Season

User avatar
Evilcia
Spokesperson
 
Posts: 150
Founded: Jul 31, 2014
Left-wing Utopia

Postby Evilcia » Thu Dec 29, 2016 9:27 pm

Still waiting for Marnady's rating

On a scale from 1-10, how easy is it in your country to start your own business?
1 it is very hard for obvious, taxes, regulation and absence of land, Evilcia do not access to the ocean, Evilcia is in the sea, so, you need a very strong intra-structure to survive. You also need to give 33% to the government and another 33% of the part to the workers, while the remaining 33% could also be redistributed.

On a scale of 1-10, how UNregulated is trade to and from your nation?
1 , For obvious reason, such as having no land and depending on of capacity to extract water from the sea, trade is extremely regulate, the ministry of environnement is going to watch all your decisions and all your actions

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
We have the Interfauzjhian Bank, who have the autority to print money and have the ability to issues all monetary policy

What is your government spending as a percentage of your GDP?
that is complicated to calculated, but it is at least 50% . Hoverer the government indirectly own the majority of the businesses

What is the top income tax rate?
100%, we have a maximum income of 250 000 fauzjhiau, after which people are taxes at 100%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)
Half their revenue, 50% easily

What is the top corporate tax rate?
50%

Do you have a national sales tax? If so, what rate?
We have a few taxes, they are small, but they make up, our national taxe is at 1% and it taxes all others sale taxes, like the eco-taxes, the fat taxes, the sugar taxe, the drug taxes and etc.

Do you have a VAT tax? If so, what rate?
no. we don,t

Does your country have taxes at regional or local levels?
Evilcia is an unitarian state.

Does your nation have a stock exchange?
No

What is the top tax rate on investments?
50%, but if an investor is found guilty of not respecting evilcians rights, they are stripped of all their investments.

Are your nation’s banks state owned?
They are.

On a scale from 1-5, how much value does your nation place on property rights?
1, our nation only respect the right to decide what you want to with your body and your personnal affairs. we do not recognize property rights, and we have abolished copyright.

On a scale from 1-10, how common is corruption in your government? (be honest)
Our government is not corrupt, 1, corruption is absent
Last edited by Evilcia on Fri Dec 30, 2016 2:04 pm, edited 1 time in total.

User avatar
New Hocksmith
Spokesperson
 
Posts: 106
Founded: Oct 04, 2012
Ex-Nation

Postby New Hocksmith » Fri Dec 30, 2016 12:53 pm

Evilcia wrote:Still waiting for Marnady's rating


I'm assuming you have something "in common" with them, given you both use the scales in the opposite way. I actually do appreciate that people are paying attention, so I'll probably include it in the next update in the Free category.

User avatar
Kokanawi
Political Columnist
 
Posts: 3
Founded: Mar 15, 2016
Ex-Nation

Postby Kokanawi » Fri Dec 30, 2016 4:07 pm

On a scale from 1-10, how easy is it in your country to start your own business?
9

On a scale of 1-10, how UNregulated is trade to and from your nation?
10

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
No

What is your government spending as a percentage of your GDP?
0.8%

What is the top income tax rate?
None.

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)
$0

What is the top corporate tax rate?
None

Do you have a national sales tax? If so, what rate?
15%

Do you have a VAT tax? If so, what rate?
No

Does your country have taxes at regional or local levels?
Some cities impose carbon/sales/property taxes. Income taxation is banned in the constitution.

Does your nation have a stock exchange?
Yes

What is the top tax rate on investments?
None

Are your nation’s banks state owned?
No

On a scale from 1-5, how much value does your nation place on property rights?
5

On a scale from 1-10, how common is corruption in your government? (be honest)
6

User avatar
Fairviolet Lake
Spokesperson
 
Posts: 131
Founded: Mar 08, 2016
Ex-Nation

Postby Fairviolet Lake » Fri Dec 30, 2016 4:15 pm

On a scale from 1-10, how easy is it in your country to start your own business?
6/10. One must complete the application for a business license, then sign a form which says that the business owner is dedicated to making Fairviolet Lake a better place to live, and is not motivated by profit.

On a scale of 1-10, how UNregulated is trade to and from your nation?
4, trade is regulated and taxed. Several items are banned from being imported.

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
Yes.

What is your government spending as a percentage of your GDP?
51.3%

What is the top income tax rate?
53%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)
31%

What is the top corporate tax rate?
14%

Do you have a national sales tax? If so, what rate?
No.

Do you have a VAT tax? If so, what rate?
No.

Does your country have taxes at regional or local levels?
Cities and regions are allowed to impose small taxes for their day-to-day functions. The local and regional income tax is capped at 5% and must be progressive, sales taxes are limited to 3%. Property taxes are limited to 5% the value of the property per year.

Does your nation have a stock exchange?
Yes.

What is the top tax rate on investments?
The investment tax was a complicated law repealed in 2015 as part of a coalition deal between the Justice Party and the Liberal Democratic Party.

Are your nation’s banks state owned?
Mostly.

On a scale from 1-5, how much value does your nation place on property rights?
2, not much value.

On a scale from 1-10, how common is corruption in your government? (be honest)
2, corruption is very uncommon in Fairviolet Lake.

User avatar
Dytarma
Minister
 
Posts: 2230
Founded: Nov 24, 2015
Iron Fist Consumerists

Postby Dytarma » Fri Dec 30, 2016 4:35 pm

On a scale from 1-10, how easy is it in your country to start your own business?

On a scale of 1-10, how UNregulated is trade to and from your nation?
Most traded objects are acceptable, except weaponry and illegal drugs
Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
Yes.
What is your government spending as a percentage of your GDP?
30.4%
What is the top income tax rate?
91.6%
What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)
9.25%
What is the top corporate tax rate?
15%
Do you have a national sales tax? If so, what rate?
No.
Do you have a VAT tax? If so, what rate?
Yes, and it adds 2.5%
Does your country have taxes at regional or local levels?
Yes
Does your nation have a stock exchange?
Yes
What is the top tax rate on investments?
None.
Are your nation’s banks state owned?
No
On a scale from 1-5, how much value does your nation place on property rights?
5
On a scale from 1-10, how common is corruption in your government? (be honest)
7.5
I don't acknowledge the existence of genders and I'm pro death on abortion. All babies must die (sc).
Master Dispatch (or everything I don't want deleted)
Dytarma's Birthday
Don't know what else to put, so I'm -0.50 left and -0.41 libertarian according to The Political Compass

User avatar
The Intergalactic Universe Corporation
Senator
 
Posts: 4466
Founded: May 15, 2014
Ex-Nation

Postby The Intergalactic Universe Corporation » Sat Dec 31, 2016 3:05 am

The Intergalactic Universe Corporation wrote:Another response:

On a scale from 1-10, how easy is it in your country to start your own business? 10

On a scale of 1-10, how UNregulated is trade to and from your nation? 9

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? 7.8%

What is the top income tax rate? 0.2% flat tax

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 0.21%

What is the top corporate tax rate? 0.05%

Do you have a national sales tax? If so, what rate? No such tax

Do you have a VAT tax? If so, what rate? 2%

Does your country have taxes at regional or local levels? Few

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? None

Are your nation’s banks state owned? None

On a scale from 1-5, how much value does your nation place on property rights? 5

On a scale from 1-10, how common is corruption in your government? (be honest) 2 after the corruption crackdown

Sorry. Repost. Included the tax for middle class family.
Pro: Capitalism, Nationalism, Conservatism, Trump, Thatcherism, Reagan, Pinochet, Lee Kuan Yew, Republican Party, Conservative Party, USA, UK

Anti: Liberalism, Socialism, Communism, Mao, Marx, Hillary, Democratic Party, EU, DPRK, USSR
Class D4 Nation according to The Civilization Index
I'm a Proud Member of the DEUN! Are you?
I'm a proud member of LMTU. Are you?
Liberal Democrats: The Party of Common Sense! in the NSG Senate!

_[' ]_
(-_Q) If you support capitalism, put this in your signature.

OOC: I do not use NS Stats.
HoloNet News: Congress To Meet Next Monday | Public Sector Sees Slower Wage Growth In 2036 | Public Debt Expected To Reduce Again | Consumer Spending Up For Chinese New Year Season

User avatar
New Hocksmith
Spokesperson
 
Posts: 106
Founded: Oct 04, 2012
Ex-Nation

Postby New Hocksmith » Mon Jan 02, 2017 2:45 pm

Updated, but unfortunately wasn't able to include Dytarma since there were no numerical answers for the first two questions, which count for a lot.
Last edited by New Hocksmith on Mon Jan 02, 2017 2:46 pm, edited 1 time in total.

User avatar
Caesoux
Bureaucrat
 
Posts: 63
Founded: Jan 02, 2017
Ex-Nation

Postby Caesoux » Mon Jan 02, 2017 4:42 pm

On a scale from 1-10, how easy is it in your country to start your own business? 7

On a scale of 1-10, how UNregulated is trade to and from your nation? 5

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? As this fiscal years recent budge passed by the Chamber of Deputies we currently spend about 87% of our GDP with the rest going into a national savings fund.

What is the top income tax rate? 12%

What percentage would an average middle class family probably pay in taxes? 12%

What is the top corporate tax rate? 23%

Do you have a national sales tax? If so, what rate? No

Do you have a VAT tax? If so, what rate? Yes, we have a VAT of ¢5

Does your country have taxes at regional or local levels? No

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? 13%

Are your nation’s banks state owned? We have two state owned banks which are usually intended for holding onto savings accounts and giving out small low interest loans. Most of the nations banking industry is within the private sector however.

On a scale from 1-5, how much value does your nation place on property rights? 4

On a scale from 1-10, how common is corruption in your government? 6, the most common form of corruption is corporate, for example one company would either pay said politician or put a lot of money in his district in exchange for him to pass laws that would be beneficial for that company. While this has been stamped out in recent years it's still remains a problem especial for rural electoral districts.

User avatar
Ostfeld
Political Columnist
 
Posts: 4
Founded: Dec 18, 2013
Ex-Nation

Postby Ostfeld » Mon Jan 02, 2017 7:34 pm

On a scale from 1-10, how easy is it in your country to start your own business?

8.5, the proper paperwork is very easy to obtain and there are minimal safety standards.

On a scale of 1-10, how UNregulated is trade to and from your nation?

8, customs is mainly to make sure people we don't want stay out.

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?

Yes

What is your government spending as a percentage of your GDP?

12%

What is the top income tax rate?

All citizens pay an 8% flat income tax.

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)

A middle class family would pay 8% in income tax and 2.5% in national pension payroll tax.

What is the top corporate tax rate?

8%

Do you have a national sales tax? If so, what rate?

8%

Do you have a VAT tax? If so, what rate?

No

Does your country have taxes at regional or local levels?

There are some local sales taxes and property taxes.

Does your nation have a stock exchange?

Yes

What is the top tax rate on investments?

8%

Are your nation’s banks state owned?

No

On a scale from 1-5, how much value does your nation place on property rights?


5, eminent domain exists but is very difficult to use.

On a scale from 1-10, how common is corruption in your government? (be honest)

7.5, corporations commonly "buy" politicians

User avatar
New Kattslant WA Member
Lobbyist
 
Posts: 22
Founded: Aug 24, 2016
Ex-Nation

Postby New Kattslant WA Member » Mon Jan 02, 2017 7:43 pm

On a scale from 1-10, how easy is it in your country to start your own business? 9

On a scale of 1-10, how UNregulated is trade to and from your nation? 8

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Maybe: we have a Federal Reserve, but it's not "strong"

What is your government spending as a percentage of your GDP? 9.5%

What is the top income tax rate? 4.5%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 6.5%

What is the top corporate tax rate? 1%

Do you have a national sales tax? If so, what rate? No

Do you have a VAT tax? If so, what rate? No

Does your country have taxes at regional or local levels? Yes

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? 6%

Are your nation’s banks state owned? No

On a scale from 1-5, how much value does your nation place on property rights? 5

On a scale from 1-10, how common is corruption in your government? (be honest) 5

User avatar
New Visayan Islands
Game Moderator
 
Posts: 9454
Founded: Jan 31, 2017
Inoffensive Centrist Democracy

Postby New Visayan Islands » Sat Feb 25, 2017 4:31 am

On a scale from 1-10, how easy is it in your country to start your own business? 9

On a scale of 1-10, how UNregulated is trade to and from your nation? 9

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? No, as the New Visayan Peseta is legally defined as 12.9 grains of gold 0.900 fine.

What is your government spending as a percentage of your GDP? 10%

What is the top income tax rate? Flat tax of 6.5% across all provinces.

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 8%

What is the top corporate tax rate? Corporate tax varies by province; the highest rate is 15%, imposed by the province of Palawan.

Do you have a national sales tax? If so, what rate? No, sales tax rate vary by province.

Do you have a VAT tax? If so, what rate? ("VAT tax" is technically redundant) VAT is not imposed at the national level.

Does your country have taxes at regional or local levels? Most taxes other than income tax are set at the provincial level.

Does your nation have a stock exchange? The Iloilo Stock Exchange.

What is the top tax rate on investments? 2%

Are your nation’s banks state owned? Only one bank is state owned (Visayan Development Bank); the rest are privately owned.

On a scale from 1-5, how much value does your nation place on property rights? 5

On a scale from 1-10, how common is corruption in your government? (be honest) 3
Let "¡Viva la Libertad!" be a cry of Eternal Defiance to the Jackboot.
My TGs are NOT for Mod Stuff.

For details on the man behind NVI, click here.

User avatar
Alizeria
Ambassador
 
Posts: 1434
Founded: Jan 03, 2009
Ex-Nation

Postby Alizeria » Sat Feb 25, 2017 5:37 am

On a scale from 1-10, how easy is it in your country to start your own business? 8

On a scale of 1-10, how UNregulated is trade to and from your nation? 10

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve? Yes

What is your government spending as a percentage of your GDP? 29.6%

What is the top income tax rate? 33%

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes) 17%

What is the top corporate tax rate? 28%

Do you have a national sales tax? If so, what rate? No

Do you have a VAT tax? If so, what rate? 8%

Does your country have taxes at regional or local levels? Property taxes pay for local government, apart from this, no.

Does your nation have a stock exchange? Yes

What is the top tax rate on investments? None

Are your nation’s banks state owned? No

On a scale from 1-5, how much value does your nation place on property rights? 5

On a scale from 1-10, how common is corruption in your government? (be honest) 1
IIwiki | Hansard | Foreign Affairs | Q&A
Late Roman Empire wrote:Draconians often joke that they double-inspect imports of Alizerian lamb for signs of coupling.

New Edom wrote:Did you hear about that Alizerian who said he’d eat some sheep’s balls on a bet? He won the bet, but damn did that sheep kick him.

Hittanryan wrote:What do you call a guy with his hand up a sheep's ass? An Alizerian mechanic.

Schottia wrote:While Belisaria is burning Schottia is watching football and Alizeria is teaching sheep to drive.

Shalum wrote:Alizeria, the one place where it's acceptable to be a lady by day, and a freak in the hay.

User avatar
Marnady
Envoy
 
Posts: 222
Founded: Jul 30, 2014
Psychotic Dictatorship

Postby Marnady » Sat Feb 25, 2017 2:20 pm

Our Governement have decide to release info according to the truth state of economy in Marnady, So this is official information, before starting, please consider that the info is only in Land Owned by Yugi

On a scale from 1-10, how easy is it in your country to start your own business?
1, it is extremely easy to start a business, there are no official regulation, no order, no paper to register. But
It happen frequently that business burn down for no reason on order of Yugi Irving.
If your business is not approved by Yugi Irving, your sentance will be a public execution.

On a scale of 1-10, how UNregulated is trade to and from your nation?
1, trade is totally unregulated
- And unprotected, if your affairs displease Yugi Irving, you shall be shot.

Yes or no, does your nation have a strong organization that issues monetary policy, such as the Federal Reserve?
Yes, Yugi Irving print the money, according to his liking, business are allowed to print their own money as well,
- but yugi Irving can also order your execution.

What is your government spending as a percentage of your GDP?
officially 0%
Unofficially, Yugi Irving is obviously the government, and he spend more then 60% of the GDP. He oppress everyone and has build a mega private police force.

What is the top income tax rate?
Official 0%
BUt if you don't your 60% rent to Yugi Irving, your sentance, shall be death, and there is no exception.

What percentage would an average middle class family probably pay in taxes? (include any payroll/Social Security taxes)
60%, that is the unofficial taxes.

What is the top corporate tax rate?
60%. You pay this to Yugi Irving or you are shot dead.

Do you have a national sales tax? If so, what rate?
No, we don't

Do you have a VAT tax? If so, what rate?
no

Does your country have taxes at regional or local levels?
no, 60% is enough

Does your nation have a stock exchange?
Officially, yes, it is unregulated,
Unofficially, Yugi Irving can just seize any business he wants, closes down any business he wants and order the execution of anyone

What is the top tax rate on investments?
there are none. But Yugi Irving can seize any investment he wants

Are your nation’s banks state owned?
Yugi Irving own the only bank, and all person must have an account registered at the banks, Yugi Irving often help himself directly in the account of the people, everyone who does not have an account at the bank are killed.

On a scale from 1-5, how much value does your nation place on property rights?
1-5 (depend on your point, officially, all of this is just Yugi Irving property, so property right are absolute, 5, but if you say Yugi Irving is a government, then 1. Your choice.

On a scale from 1-10, how common is corruption in your government? (be honest)
Corruption in our government? Yugi Irving is the source of corruption and the most evil person in Marnady, he is the incarnation of pure corruption.
10

PreviousNext

Advertisement

Remove ads

Return to Factbooks and National Information

Who is online

Users browsing this forum: No registered users

Advertisement

Remove ads