Turnover taxes on a market exchange will inevitably be paid by buyer and make the buy/sell spread wider (inefficient). Why are you going to use money to buy expensive items propping up demand when supply is high? This is exactly opposite to what you should do if you don't want inflation...
This tax was a stupid idea. If you really wanted a nice gold sink make it on late game products on people who don't care about 1%. Instead you made it truncate at 500m..
The mind boggles the effective tax rate on a tbow is less than a rune scim. If you need any free tax/economics advice feel free to reach out.
Joking aside, this is the most hilarious thing to happen to OSRS. I suppose taxation won't be happening to RS3 given we have charity events and the Invention skill to delete gold and items, huh?
Great Dragon
said
:
When a taxed trade takes place through the Grand Exchange, part of the taxes paid will be consigned to a virtual coffer. An automatic system will then use those funds to purchase specific items,
chosen by us
.
just wondering, why do you guys get to have all the say about what gets removed from the game and what doesn't, what about all that power to the players you always talk about.
now I'm not saying players should have all the power, but you shouldn't have all the power either, there should be checks and balances, you might update and manage the game but without us players, if everyone quit tomarrow it wouldn't be worth much, this is our game just as much as it is your game and i know you dont think so but its true,