Gavins Economic Policy
•
by Gavin Wax
Hello eIsrael Im here today to present you with my Economic policy.
Current eIsrael suffers from a high cost of living that hurts new players especially. The Cost of good are high compared to other parts of the world and the wages are low and not very numerous.
One of the main aspects holding our country back is our backwards tax system.
I proposed sweeping tax reforms starting with Import Taxes.
Currently our Import Taxes are at 10% which is quite high for a small nation like eIsrael with no natural resources and few people/companies.
Its Protectionist and protectionism and eIsrael dont work.
Its destroying competition and hurting Businesses who need to bring in Resources from outside eIsrael.
I propose reducing the Import Tax to 1% to ease trade and hopefully increase the flow of goods into Israel.
This will bring more businesses into eIsrael and thus create more jobs more competition and drive prices down.
My second reform relating to taxes is to bring the VAT (Value Added Tax) to around 5-7% across the board.
This will enable the government to make a hefty profit while still not taxing eIsraelis heavily.
Lastly I propose to lower the income tax to 8-9%.
Overall taxes will be lowered and reformed to better suit eIsrael economic situation. eIsrael has a lot of money in the Treasury now from after the liberation from eTurkey so we have reserves to fall back on if anything goes south.
The next big aspect of my economic policy is more government controlled companies to create jobs and to provide cheap goods to new Citizens to help them stay alive. This is very necessary to maintain our babyboom and current population.
We would aim for the companies to be self sufficient or even profitable and since the government already has many companies owned we wouldnt need to open many news one if any at all.
This falls in line with my Defense policy to make the eIDF relatively self sufficient in Weapons and other needed supplies.
Currently according to ereptools.net eIsrael only has 765 employed people or 29.67% employment. That means less then a 3rd of our nation is currently employed. This is a problem and I have brought up the low employment levels previously in many articles.
This shows us 2 things
-Inactivity
-Lack of Jobs
Both equally bad. For this article Ills talk to the lack of jobs crisis since this is the economic policy article. We need to do something to get eIsraelis employed.
if you compared our employment levels and even GDP with other countries we are far behind. This should not be.
With government run companies we could employ many of the newer citizens until they get there level up and are able to find better employment opportunities in the private sector.
Overall eIsrael has much potential. I want to make us live up to this potential.
So I urge you all to vote for me come July 5th if you want a stronger more stable eIsrael.
Am Yisrael Chai
Truly Yours
[img]http://i532.photobucket.com/albums/ee324/gwax23/uzsp.jpg?t=1277693112[/img]
Facebook
Twitter
Discord
Comments
Good luck Gavin. 🙂
do you believe it would be a good idea to start a government gift co, just like the food, but to use the gifts on new players.
"I propose reducing the Import Tax to 1% to ease trade and hopefully increase the flow of goods into Israel."
Our import taxes need to be HIGHER. We need Israeli companies on the market that will hire Israeli workers. Your logic on this needs to be rethinked. We have enough companies to supply ourselves. A 99% import tax on manufactured goods would not be such a bad idea.
Also, I like the training companies, but if the government is involved in every sector then regular businesses will fall. The current structure is fine, although I would prefer that we did not have a house training company. Actually, the problem could be fixed by increases the wage for the Manufacturing Training company to 1.1NIS. This would encourage people to choose manufacturing when they are born, but would allow people to train construction if they need. But we don't want new players to really be entering the construction field.
CRoy,
the housing company does not effect the market place in israel. we sell all the homes overseas.
well at the same time employing alot of new players that can not find jobs. the same is true for the food company.
right now both companies are able to function without gold from the government by selling overseas.
My point is that there are very few housing companies other than the government run on. If we train all many of out young citizens in construction, they may not be able to find jobs later.
If they work in manufacturing though, they will find jobs.
All of this will be shaken up in days anyways though haha. V2 will be interesting
I was waiting for this! Let's rock-n-roll
You showing luck of basic understanding of eEconomy:
If you want build “slave type” of eEconomy you need 1% Import +1% VAT to make good extremely cheap. Plus high Income Tax. Like in eUSA.
What you suggesting low Import Tax(1😵 with high VAT (5-7😵 will destroy local companies and still goods will be more expansive when for example in eUSA, because high VAT.
At looks like you hear about Joe Franco ideas but didn’t understand them.
BTW ideas of CRoy are making sense, I am not 100% agree with him, but at least he sounds reasonable.
Government run companies extremely not efficient, OR they are sucking gold from tracery and destroying private companies OR they just failing.
FYI we have few government run companies which currently operate😛 Manufactoring Training, Construction Training and Subterranean Tower. Plus eIDF has few companies which is not operational right now.