Again on the subject of taxes:
How does a tax work on a service like a bus fare? Still 25%? Which would make a (pulling numbers out of a hat, not to be taken as “real” for TGW) 1D bus fare into 1.25D? (and is there change (dimes 1/10th, quarters 1/4, etc) in the Dragon monitary system?)
I’m sure there is a strip on this already somewhere in the TGW universe.
if.. (im guessing here),, like Europe, taxes are already factored in.. IE: if it says .99 ,, it is. .99 not like US,. where .99 comes out to $1.42….
it seems the US is the only one where you pay the company taxes for them… (because company’s figure the cost of doing business, including taxes,, to come up with that magic number of “how much” to charge.. so.. at the register you are paying their taxes for them…)
Change coins are .01, .10 and .25, which started with the same buying power as ten cents, a dollar, and $2.50.
Each coin is made of a hard metal (for wear resistance) in the amount of around two-thirds of it’s utility value,
although that varies.
There are also coins for 1, 10, 50, and 100 Dragons.
You can trade a coin in for it’s full value of any metal you wish, at any bank. They keep raw metal stocks in
their basements. There can be no paper money without changing the Imperial Constitution, (75% vote of the House
and the Council of Kings, which is pretty much the Senate) and the Emperor/Empress would have to agree,
which isn’t going to happen.
Generally speaking, all sales must include the tax as a separate item on the receipt, except where no receipt
is given, such as bus fare or vending machine. As long as 20% goes into the Imperial account when the
proceeds are deposited, no one cares.
Currently, as the economy got used to the new policy on taxes, the Dragon has the buying power of around
fifteen of the old paper dollars. That’s where it’s been stabilized for several years now.
I’ll get to that in bits and pieces later in the story, right now we’re going to auto insurance and licensing.
Yes, it’s possible to cheat, but the penalties when caught make cheating very unappealing and keep the
costs of enforcement low.
Thx for the explanation. What a different world. But I like it. Only wish it was real instead of this Micky Mouse “real” world we’re currently stuck in.
Slow Xiden. PTUI!
Personally, if I ever bought a Tesla I’d first set up an audio system to play the sound of a Harley-Davidson cruising motorcycle, playing faster or slower, depending on how fast I was driving, and add in the Godzilla Roar for the car’s horn. First, I don’t want pedestrians to be able to say that they didn’t hear me coming, and second, if I have to use my horn, I want to get whomever I am blowing it for, to pay attention.
Two new incentives in my Patreon:
https://www.patreon.com/user?u=20043190
More coming. I’m trying to find my happy place.
playground.. 🙂
I LIKE the way Cpt Chardis thinks.
Again on the subject of taxes:
How does a tax work on a service like a bus fare? Still 25%? Which would make a (pulling numbers out of a hat, not to be taken as “real” for TGW) 1D bus fare into 1.25D? (and is there change (dimes 1/10th, quarters 1/4, etc) in the Dragon monitary system?)
I’m sure there is a strip on this already somewhere in the TGW universe.
if.. (im guessing here),, like Europe, taxes are already factored in.. IE: if it says .99 ,, it is. .99 not like US,. where .99 comes out to $1.42….
it seems the US is the only one where you pay the company taxes for them… (because company’s figure the cost of doing business, including taxes,, to come up with that magic number of “how much” to charge.. so.. at the register you are paying their taxes for them…)
Change coins are .01, .10 and .25, which started with the same buying power as ten cents, a dollar, and $2.50.
Each coin is made of a hard metal (for wear resistance) in the amount of around two-thirds of it’s utility value,
although that varies.
There are also coins for 1, 10, 50, and 100 Dragons.
You can trade a coin in for it’s full value of any metal you wish, at any bank. They keep raw metal stocks in
their basements. There can be no paper money without changing the Imperial Constitution, (75% vote of the House
and the Council of Kings, which is pretty much the Senate) and the Emperor/Empress would have to agree,
which isn’t going to happen.
Generally speaking, all sales must include the tax as a separate item on the receipt, except where no receipt
is given, such as bus fare or vending machine. As long as 20% goes into the Imperial account when the
proceeds are deposited, no one cares.
Currently, as the economy got used to the new policy on taxes, the Dragon has the buying power of around
fifteen of the old paper dollars. That’s where it’s been stabilized for several years now.
I’ll get to that in bits and pieces later in the story, right now we’re going to auto insurance and licensing.
Yes, it’s possible to cheat, but the penalties when caught make cheating very unappealing and keep the
costs of enforcement low.
Thx for the explanation. What a different world. But I like it. Only wish it was real instead of this Micky Mouse “real” world we’re currently stuck in.
Slow Xiden. PTUI!
Slo Jo and the Ho.
Personally, if I ever bought a Tesla I’d first set up an audio system to play the sound of a Harley-Davidson cruising motorcycle, playing faster or slower, depending on how fast I was driving, and add in the Godzilla Roar for the car’s horn. First, I don’t want pedestrians to be able to say that they didn’t hear me coming, and second, if I have to use my horn, I want to get whomever I am blowing it for, to pay attention.