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Total Tax Revenue= 0 through ?????
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National Sales Tax
(This tax affects all Ruritanians but affects the poor most
severely)
This tax generates 3,000 units for each 1% of the sales tax rate.
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Progressive Income Tax
(This tax affects all income earning Ruritanians)
This tax generates 70,000 units by establishing variable
income tax rates for each income quintile:
1st quintile= 5%
2nd quintile= 14%
3rd quintile= 21%
4th quintile= 33%
5th quintile= 45%
Flat Rate Income Tax
(This tax affects all income earning Ruritanians)
This tax generates 3,000 units for each 1% increase in the rate.
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| Wealth SurchargeA surcharge on Ruritania's top 15% income earners which generates 2,000 units for evey 1% that is added to either Progressive Income or Flat Tax
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Corporate Tax
(This tax affects the 100 largest enterprises in Ruritania)
This tax on large corporations generates 2,000 units for each
1% increase in the rate.
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Business Tax
(A tax on all businesses, large or small)
This tax generates 5,000 units for each
1% increase in the rate
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Property Tax
(approximately 39% of Ruritanians are affected by this tax with small farmers being especially vulnerable)
This tax generates 5,000 unts for each 1% increase in the rate.
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No taxes = 0
State depends upon energy sales for revenues which generates
variable units.
These 30,000 units are part of the revenues available for expenditure
when energy prices are high and 10,000 when energy prices are low.
For this year's expenditures, energy revenues are 13,000 units.
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