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Felow Citizen's.

 

I have am very quickly becoming addicted to this game even tho technically its not even a game yet.

 

There are some questions I hope some of you could answer for me regarding Organization and other things.

 

Ok so I have heard alot of talk about Tax within Organizations. Does anyone have details of how this will work? What does it entail?

 

 

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@ixi_your_face luuuuuvs talking about tax

Seriously tho, if you can wait a couple of hours I have a reference to this Orgs version of tax on my home pc

 

Yeah that would be cool.

CPU - i7 8700K / Motherboard - ROG Strix Z370 E/ RAM - 32GB Cosair Vengeance DDR / GPU  - GTX 1080ti - EVGA FTW3 / PSU - Seasonic Snow Silent 750W / Cooling - Cryorig H7 Monitor - Acer X34 Predator / Sound - Corsair Void - Case - Meshify C

 

 

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Yeah that would be cool.

Found it!

(@ixi_your_face )

To answer the question of taxation, I'll quote myself, on the last time this was brought up, as my position hasn't changed.

My input on this would be for to have a membership fee and to have an income tax rate, both to be rather negligible numbers in %, but enough to sustain the org as a whole.

For example :

If the membership fee (paid once a month, or so) is 5k UEC, and the income tax is 10% then;

at our current numbers we'd pull in 7,150,000 UEC straight away. Then say the average job pays around 10,000 UEC, then we'd deduct 1k from that, which is a further 1,430,000 UEC from there if each member does a job like that.

Obviously there's still a lot of unknowns as to how much UEC will be worth, so we'll definitely adjust to fit with those. We want to be prosperous, without leaving you guys too out of pocket.

The things I'd hope to buy with that 8,580,000 UEC would be :

Ships to power our fleetTo buy and maintain Space StationsTo provide (possible) Insurance through the orgTo buy new star chartsTo offer bonuses to our members in our owned spaceObviously not everything will come straight away. But that's what I hope to do with the UEC once we're set up and running.

As for the membership fee, We'll see how it goes, I'd imagine it to be a thing that's only around for a little while until we've got a stable platform to sit on, and maybe as a surplus amount of cash for war or such. I honestly see no issues with a small membership fee, like anything it's necessary to keep the thing running, i really don't plan on having it be crazy huge, just a little something that's pocket change to an individual, but a decent chunk of cash when all rounded up.

I'd also like to add that in that case, I'd like there to be a fixed tax rate for those who choose not to participate in other org activities. As a member of the org, you will be expected to put time into the org in one way or another, while we are open ended in terms of roles and activity, we're ultimately going to be a business and as a business we need a sustainable income. That income comes from you guys doing jobs and membership fees. Without these we wouldn't be able to even offer the simplest of benefits, and then, what's the point of being in the org if there's no fiscal or personal benefits? Why be part of an org that has more bark than bite? The money from membership and taxes will go to make sure that we're not just a bunch of pushovers flying under a similar flag, but an economical powerhouse that is a definite force to be reckoned with. The only thing that is really asked from you for benefits such as the ones outlined in a previous post are a small membership fee and taxes to offset the cost of those benefits.

With all of that said, we're also going to be a business, which means pulling a profit at the end of the day. Whether it's 1000 UEC or 10 million UEC, The money will be to ensure that we can defend ourselves, members and property should it be put under threat, by whoever decides to try that. I have no qualms with members who wish not to contribute to this, I have no issue if you wish to abstain from the membership fee. But I will say, you will pay tax, and you won't get benefits from the org. There's no getting around the fact that those who abide by the membership fee and tax as they will be in game are those who deserve the benefits, and those who don't do not. Should you disagree with this idea, then feel free to say. It is all in the air atm. However it's important to note that we're not only an org, we're a large org and as such we'll be coming under fire a lot. There's not going to be much room for error. Money talks and a large bank book ensures we have a buffer for mistakes and we have the ability to rebuild from that.

http://linustechtips.com/main/topic/105285-ltt-conglomerate-now-with-added-legitimacy-over-2000-members-edition-now-with-added-gdocs-its-over-300-pages/?p=1822658
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