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How worthwhile is the Ash of War ‘Blood Tax?’
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How worthwhile is the Ash of War ‘Blood Tax?’
Note that this is gotten near the bird farming spot (where the birds spawn), not the ledge from which people normally shot said birds.
Thankee!
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It's decent can come in handy since every hit landed restores a smidgen of hp with the ash of war
Hunt waves through biggest tax burden since war in 2023 budget
Main Post: Hunt waves through biggest tax burden since war in 2023 budget
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Just a reminder for people. Inflation is an exponential growth function. If inflation stays at 10% then the price of EVERYTHING will be double what it is today by 2030.
Combine that with paying higher taxes and you'll effectively have half the money you have today by 2030 at current inflation.
Marginal tax rates were 94% during World War 2, hovered at 91% during the 1950s, and then stayed at 70% until 1980, when Regan cut taxes. Should Taxes be increased back to where they were?
Main Post: Marginal tax rates were 94% during World War 2, hovered at 91% during the 1950s, and then stayed at 70% until 1980, when Regan cut taxes. Should Taxes be increased back to where they were?
Top Comment: The effective tax rate wasn’t nearly that high in the 50-80s, there were a lot more deductibles. It still wouldn’t change the main problem people complain about since the ultra-wealthy don’t earn a high income. Also the part about taxes increasing every two years isn’t totally correct. I believe it is just resetting to 2017 levels. Edit: here is a source for 1950s effective tax rate. The average for ultra wealthy was around 42% while today it is around 36%
War taxes
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Should I be using war taxes?
Top Comment: Only if you unlock the age ability for free war taxes. Otherwise it’s not worth wasting two military points per month
Episode 8 Question, what is war tax?
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Why can't Pablo pay for anything while he's in "jail"? Would it raise suspicion?
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Pretty sure it was just a way of increasing the portion he took from the various people he let operate and funnel his coke while locked up.
He keeps raising it, supposedly, because the war - from the government and fending off competition - has made it more difficult and more expensive to operate .
Thus if he's at the top of the food chain and getting hit with these extra prices he is trying to distribute it across the various folks he allows to operate and profit off what he sees as his entire operation.
That's the basic gist
Was there actually a 94% tax bracket in 1945?
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I found a IRS document from 1945 (can't post links or files) which said there was a normal tax rate of 3%, and a surtax which had made up the income tax. Then, at the bottom of the document there was a listing of which surtax bracket you were in, and the highest one was "$156,820, plus 91% of excess over 200,000" for people making over $200,000.
https://www.irs.gov/pub/irs-prior/i1040--1945.pdf
In case that works ^
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In TIL I saw that Britain had a top tax rate of 99.25% in WW2. Was this for income over how much?
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I can't find for which income levels this was for. What is it inflation adjusted?
Top Comment: I don't know the answer, so I did some looking. Weirdly, I started turning up different numbers - a lot of sources, including several scholarly papers, mentioned 97.5% as the WW2 number (1945-1953). Wikipedia used 99.25% instead, and some sources said 1941+. (Two that say 97.5%: This and this ). There was also a 98% top income tax rate between 1974 and 1979. So, I still can't answer the question. However, here's something similar: in 1945, the U.S. top tax rate was 94%, and here's a chart showing the brackets. I'm too lazy to do the math, but it hit 94% at $200,000 and up and 75% at a mere $50,000. However, the inflation calculator does point out that $50,000 a year in 1945 would be akin to more than $600,000 a year right now, so I can't feel very bad for them. EDIT: Here's a find - a UK government document provided under the Freedom of Information Act which lists the tax rates from 1945 on. According to that, the 97.5% tax rate (50% standard + 47.5% surtax) kicked in at 20,001 pounds a year. According to a British Inflation Calculator , that would be equivalent to 697,234.86 pounds today. I'm not sure how to handle conversion to U.S. dollars (use 1945 exchange rates and then convert?), but clearly, we're talking about people making more than a million dollars a year.
Pay your spice tax or else. . .
Main Post: Pay your spice tax or else. . .
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Oddly enough, this ONLY happens to the Smugglers if they fail to pay their Spice Taxes.
During Nazi occupation, how did taxes work? Did French and Polish people pay taxes to the German government?
Main Post: During Nazi occupation, how did taxes work? Did French and Polish people pay taxes to the German government?
Top Comment: It depends on the time and the place. In France, the French government retained sovereignty over the whole country. After the Battle of France had been decisively lost in 1940, the French Prime Minister, Paul Reynaud, tried and failed to convince the rest of the cabinet to evacuate the government to Algeria or Britain and continue fighting from there. Reynaud resigned rather than carry out the cabinet's desire to sue for peace, and the President (Albert Lebrun) appointed Marshall Philippe Petain (the leader of the surrender faction in the cabinet) to replace him. Petain asked Germany for an armistice, which Germany granted on terms that amounted to a surrender. Among other provisions, Northern and Western France (about 60% of Metropolitan France, including Paris) would be occupied by Germany until a final peace treaty was agreed (it never was, nor were negotiations ever begun in earnest), and France would be assessed an exorbitant fee to pay for the occupation. The rest of France (including the colonies) would remain unoccupied under the direct control of Petain's government. Petain set up a new capital in Vichy, a small resort town in the unoccupied zone. There, the French Parliament voted itself out of existence and granted Petain dictatorial powers (ending the Third Republic and establishing what we now refer to as Vichy France). In the unoccupied zone, citizens paid their taxes as normal, except they were sent to Vichy instead of Paris. In the occupied zone, the German military and the French civilian administration had overlapping jurisdiction: the French bureaucrats still nominally worked for the government in Vichy, but they were required by the terms of the occupation to follow the policies of the occupation authorities. In the occupied zone, then, taxes were still assessed according to French law, by administrators who worked for the French government, but they operated under the direction and supervision of the German military. In practice, this supervision seemed to be relatively light: Petain's government's policies were aligned enough with German interests, and the German occupation's administrative resources were small enough, that the Germans mostly let Vichy set policy for the occupied zone. In both zones, the taxes went to Vichy, and in accordance with the armistice agreement, Vichy paid Germany the agreed-upon costs of the occupation (which were much higher than the actual costs, so Germany turned a substantial profit). In November 1942, after Britain, America, and anti-Vichy French exile forces ("Free France") successfully invaded France's North African colonies (Morocco, Algeria, and Tunisia), Germany executed Case Anton, occupying the remainder of Metropolitan France. The Vichy government remained in operation, however, and the French civilian administration continued running under German occupation. Nazi-occupied Poland was divided up into two zones (plus a third zone in the East, which was annexed by the Soviet Union). Northern and Western Poland (a bit past the pre-WW1 borders of Imperial Germany) were annexed to the German Reich. They were integral parts of Germany, and were administered and taxed directly by the German government under German law and Nazi policy. The remainder of Poland was put under a special German occupation administration called the General Government, lead by a senior Nazi Party official (Hans Frank) who served as Governor-General of Poland. Frank and the other senior officials of the General Government ruled by decree, and they administered the territory mostly through imported German officials. The existing Polish civilian police were drafted into German service under German senior officers (mostly from the German civilian police) and used to help enforce the General Government's rule. The General Government collected taxes for its own internal use, and as with Vichy, they also sent a substantial portion of their revenue to Germany, officially as a reimbursement for the costs of the occupation. Sources: Shirer, William, The Collapse of the Third Republic, 1969 Mazower, Mark, Hitler's Empire: How the Nazis Ruled Europe, 2008