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Well of Goodwill: Final Totals

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Nead
Sep Member 2012

Nead

Posts: 20,472 Opal Posts by user Forum Profile RuneMetrics Profile
Pretty cool seeing the community come together and support these causes financially :) . Hopefully their victims truly appreciate it, as well. I will also be interested to see what Oxfam raises. I have yet to donate towards there, but I would like to soon.


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04-Dec-2014 16:23:14

Nines

Nines

Posts: 527 Steel Posts by user Forum Profile RuneMetrics Profile
Alvos said :
Hope u never complain you're not getting enough income Jagex, you're throwing it away! (for a good cause, but as a game company, the game needs to be the first priority)

So much wrong with this post, where to start...

Corporate tax in the UK is at least 15%, to which this is a write-off (it is subtracted from their tax bill at the end of the year). It costs them nothing because they're already paying out that money anyway, it's just going to a good cause instead of the countries coffers.

Not to mention this has the knock-on effect of helping the economy in Runescape by combating inflation. 512B out of the game is a *good* thing as it makes every other gold piece in the game that much more valuable.

Edit: Example: A soda in 1948 was 5 cents while a soda in 2014 is 99 cents; is the soda more valuable in 2014? No. Each cent carries less weight because we have more of them. Basic economics.

04-Dec-2014 17:19:39 - Last edited on 04-Dec-2014 17:29:54 by Nines

Drakkath

Drakkath

Posts: 954 Gold Posts by user Forum Profile RuneMetrics Profile
Nines said :
Corporate tax in the UK is at least 15%, to which this is a write-off (it is subtracted from their tax bill at the end of the year). It costs them nothing because they're already paying out that money anyway, it's just going to a good cause instead of the countries coffers.

this is just wrong- why do people think that by companies donating to charity it costs them nothing or somehow benefits the company? the money they donate is taken out of their profits - while also reducing their tax bill it also reduces their profits by more.

04-Dec-2014 17:47:06

Alvos
Nov Member 2023

Alvos

Posts: 774 Gold Posts by user Forum Profile RuneMetrics Profile
Nines said :
Alvos said :
Hope u never complain you're not getting enough income Jagex, you're throwing it away! (for a good cause, but as a game company, the game needs to be the first priority)

So much wrong with this post, where to start...

Corporate tax in the UK is at least 15%, to which this is a write-off (it is subtracted from their tax bill at the end of the year). It costs them nothing because they're already paying out that money anyway, it's just going to a good cause instead of the countries coffers.

Not to mention this has the knock-on effect of helping the economy in Runescape by combating inflation. 512B out of the game is a *good* thing as it makes every other gold piece in the game that much more valuable.

Edit: Example: A soda in 1948 was 5 cents while a soda in 2014 is 99 cents; is the soda more valuable in 2014? No. Each cent carries less weight because we have more of them. Basic economics.

I doubt the tax reaches 160k dolars. Secondly, they can combat inflation by *many* other means, like they did with Meilyr potion recipes and instances. If they want to donate to charity so bad (and also doing the tax-evasion thing you said), do it as they are now, with bond-only donations. This way they can shut up about stuff being too expensive later, like voiceacting and lore book translation. Don't be frivolous, "Basic economics". 1/4 of the actual wealth was donated, people donated only junk like crystal items, shards, dyes, etc. This was pathetic.
Alvos

04-Dec-2014 20:07:54

Cinderlynn
Jul Member 2008

Cinderlynn

Posts: 1,011 Mithril Posts by user Forum Profile RuneMetrics Profile
who cares if they get a tax break lots of companies do this! besides it's for a good cause! I contributed 5 bonds to oxfam thing! The only reason I don't donate more is that I literally don't have enough gold left even if I sold everything sellable in my bank!

04-Dec-2014 21:07:24

Alvos
Nov Member 2023

Alvos

Posts: 774 Gold Posts by user Forum Profile RuneMetrics Profile
Cinderlynn said :
who cares if they get a tax break lots of companies do this! besides it's for a good cause! I contributed 5 bonds to oxfam thing! The only reason I don't donate more is that I literally don't have enough gold left even if I sold everything sellable in my bank!

It's ok if they donate, as long as it's a bond-only thing like with Oxfam, this way they don't waste cash and complain later, leaving us with horrible content and with membership price increased.
Alvos

04-Dec-2014 21:25:51

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