Unlike IRL taxes, you could teach market board taxes to a 5th grader without confusion. I believe this is why we were getting all of those tax dodgers clogging up limsa. The current market board tax could use updates.
The first change that would greatly help out is change the sellers tax into a listing tax. Tax the seller whenever the item(s) are listed instead whenever, if ever, it sells. This would greatly reduce market board hawks waiting to undercut by 1 Gil if they had to pay another listing tax for updating the price. Always 5% of listing price.
Change number two is to add a purchase tax. A standard fee of 2% of listing price for the buyer only. Not be confused with area tax, aka where is the retainer is. This to add to the minimum tax for buyer. Buyers visit a different world are charged an additional 3%(5% total)
Lastly an area tax change on item purchase. Tax on buyer is halved if in the same area as the retainer. Half to the tax for items unit price under 200k Gil. same as current for 200,001 to 999,999 gil. Double for 1 million to 9,999,999 Gil. And for 10 million+ triple.
So say an item is sold for 10k(listed price) but the retainer is somewhere else and the tax there is normal rate(5%)it would only be taxed for 2.5% for both seller and buyer. The buyer(same world) would pay 10,450 and the seller would get 9,750 and would have had to pay 500 Gil to list it once.
Or 10,750 for a world visit buyer.
I propose these tax brackets very low 1%, reduced 3%, normal 5%, high 7%, flooded 10%. Limsa would pretty much always see flooded tax rate due to its market board being in the same zone as aetherite making it the favorite trading area.
Continue reading...
The first change that would greatly help out is change the sellers tax into a listing tax. Tax the seller whenever the item(s) are listed instead whenever, if ever, it sells. This would greatly reduce market board hawks waiting to undercut by 1 Gil if they had to pay another listing tax for updating the price. Always 5% of listing price.
Change number two is to add a purchase tax. A standard fee of 2% of listing price for the buyer only. Not be confused with area tax, aka where is the retainer is. This to add to the minimum tax for buyer. Buyers visit a different world are charged an additional 3%(5% total)
Lastly an area tax change on item purchase. Tax on buyer is halved if in the same area as the retainer. Half to the tax for items unit price under 200k Gil. same as current for 200,001 to 999,999 gil. Double for 1 million to 9,999,999 Gil. And for 10 million+ triple.
So say an item is sold for 10k(listed price) but the retainer is somewhere else and the tax there is normal rate(5%)it would only be taxed for 2.5% for both seller and buyer. The buyer(same world) would pay 10,450 and the seller would get 9,750 and would have had to pay 500 Gil to list it once.
Or 10,750 for a world visit buyer.
I propose these tax brackets very low 1%, reduced 3%, normal 5%, high 7%, flooded 10%. Limsa would pretty much always see flooded tax rate due to its market board being in the same zone as aetherite making it the favorite trading area.
Continue reading...