A New V.A.T tax is being batted around in congress. The V.A.T tax is new for the U.S. but not for many of our friends who live in other countries they have lived with it for years and have addapted to it. But in the U.S. how will it effect the gaming industry. What is a V.A.T tax it is a tax of any service or item of value. So an example you play WOW and pay your 14.99 per month.  Now it will be 14.99+ V.A.T. I belive in europe it is 17% but now sure. I am sure someone from europe can chime in with the true amount.  I dislike the V.A.T. i like most others U.S. famliies like on a budget and gaming online falls into the extra category ,but if there is less monty for extra will guess i will be getting out my only off line games. What do you think??

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes.....

We own too many guns for our leaders to attempt this. 

But as mentioned, people adapt to new taxes, and I don't see many folks in Europe not playing MMO's because they pay a VAT tax on them.

MIght be a drop at first, but in the end, MMO's are still a super cheap form of entertainment and not likely to cause much pain.

Now, upgrading your PC's to play them, that's where the real expense lies IMO.

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Originally posted by Kyleran

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Originally posted by tfwarlord you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes.....

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  We own too many guns for our leaders to attempt this.  

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Yea OP its like Kyleran says. We have this tax in europe, and we still buy and play alot of mmos. If you can afford to maintain a concurrent computer today (i have a Core-i7 with gb of ddr3 ram, with a nvidia Gforce 285 Zotac Amp! graphics card my self) you can afford subscribing a mmo. Most people in the western world with a computer can scratch up 10-25$ each months, if its something they really want to do.

UPDATE
hehe well theres something we are best at www.libraryspot.com/know/highesttax.htm

Here's an article about it from the Washington Post.  One thing about value added taxes is that they are collected at each step in the production-distribution chain (e.g. manufacturing, wholesale, retail) and only assessed against the "value" (read "price increase") added at each step.   This does have the effect of raising the ultimate cost to consumers.  In many cases, participants in the production-distribution chain are eligible for credits, so many people feel as though the consumer is the only one really burdened by the tax.  It's important to note than VATs in many countries are higher than what we are accustomed to seeing in our sales taxes.

VATs are a regressive tax, just like normal sales taxes.  The fact that a tax is regressive in and of itself doesn't make it bad, even though some people may throw the term around in a pejorative sense.  However, it can represent more of a burden for some people than for others, and as a result some governments using the taxes have opted for lower VATs on necessities and higher VATs on luxury items.

I think it will be too controversial here in the US to be passed any time soon.

V.A.T. tax will hit the end consumer hard. Since it's a layered tax applied to all stages of production, a business hit with the tax will pass the cost on to the consumer. Companies don't pay taxes, they simply pass it along with the cost of the product.

It boogles the mind that anyone would support giving the government anymore money considering how poorly they manage the money they do get. Look at the state of Social Security, Medicaid, and Medicare. Someday the government will take it all, and give you the state run MMORPG.

Just remeber...

Obama swore not to tax the middle/lower class!

Because it's not like the cigarette tax affected any lower/middle class.  Nor will an internet tax...

...wait nvm.

What i took from our saviors speech the other day was that we are pretty much screwed for the rest of our lives but our grandchildren will live in the land of milk and honey do to our sacrifice. A little tax here a little tax there, pretty soon we will be at the coveted socialist dream of everyone paying 40-50%. 

If it does come down to it, MMOs will likely incorporate the tax into the fee schedule. INstead of $15/month the company will say $16/month ...or perhaps even use it as an excuse to bump their prices "Due to the new V.A T tax, our subscription price has increased to $20/month ...its not our fault)

Originally posted by bmdevine

Here's an article about it from the Washington Post.  One thing about value added taxes is that they are collected at each step in the production-distribution chain (e.g. manufacturing, wholesale, retail) and only assessed against the "value" (read "price increase") added at each step.   This does have the effect of raising the ultimate cost to consumers.  In many cases, participants in the production-distribution chain are eligible for credits, so many people feel as though the consumer is the only one really burdened by the tax.  It's important to note than VATs in many countries are higher than what we are accustomed to seeing in our sales taxes.

VATs are a regressive tax, just like normal sales taxes.  The fact that a tax is regressive in and of itself doesn't make it bad, even though some people may throw the term around in a pejorative sense.  However, it can represent more of a burden for some people than for others, and as a result some governments using the taxes have opted for lower VATs on necessities and higher VATs on luxury items.

I think it will be too controversial here in the US to be passed any time soon.

OMFG!!! You people do realize that the Revolution was started in part by just this kind of multi-step taxes imposed by the british government on most goods?

<prepares to exercise her right to bear arms>

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

Yeah but having one of the best educational and health system in the world has it's cost.

I would take the quality of life of any middle class Denmark citizen "any day of the week" before an american one. Tax means nothing. You got to take everything into consideration and look at the final result. Survey says quality of like in Denmark is among the best, while US is one of the worst of the civilized world.

So root for Obama to implement this, and hopefully this money will repair your school and give some health care coverage to the most needed in your society.

BTW: I live in canada, and our Tax rate is at 12% and i really don't care so long as i don't have to mortgage my house every time i catch the flu.

Originally posted by Seen_Justice

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

 

Yeah but having one of the best educational and health system in the world has it's cost.

I would take the quality of life of any middle class Denmark citizen "any day of the week" before an american one. Tax means nothing. You got to take everything into consideration and look at the final result. Survey says quality of like in Denmark is among the best, while US is one of the worst of the civilized world.

So root for Obama to implement this, and hopefully this money will repair your school and give some health care coverage to the most needed in your society.

BTW: I live in canada, and our Tax rate is at 12% and i really don't care so long as i don't have to mortgage my house every time i catch the flu.

I live in Ohio, in terms of the states, we rank like 6th in taxes, and if I took all the taxes I already have than it is easily 12%, and I get damn little for it.

Originally posted by Shiva_Shadow

Originally posted by Seen_Justice

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

 

Yeah but having one of the best educational and health system in the world has it's cost.

I would take the quality of life of any middle class Denmark citizen "any day of the week" before an american one. Tax means nothing. You got to take everything into consideration and look at the final result. Survey says quality of like in Denmark is among the best, while US is one of the worst of the civilized world.

So root for Obama to implement this, and hopefully this money will repair your school and give some health care coverage to the most needed in your society.

BTW: I live in canada, and our Tax rate is at 12% and i really don't care so long as i don't have to mortgage my house every time i catch the flu.

 

I live in Ohio, in terms of the states, we rank like 6th in taxes, and if I took all the taxes I already have than it is easily 12%, and I get damn little for it.

That's my point. The problem is not the tax itself, but who you elect to manage it. The concept in itself works in "many" countries. So ask yourself why it doesn't in yours, and take actions accordingly.
 

Originally posted by Seen_Justice

Originally posted by Shiva_Shadow

Originally posted by Seen_Justice

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

 

Yeah but having one of the best educational and health system in the world has it's cost.

I would take the quality of life of any middle class Denmark citizen "any day of the week" before an american one. Tax means nothing. You got to take everything into consideration and look at the final result. Survey says quality of like in Denmark is among the best, while US is one of the worst of the civilized world.

So root for Obama to implement this, and hopefully this money will repair your school and give some health care coverage to the most needed in your society.

BTW: I live in canada, and our Tax rate is at 12% and i really don't care so long as i don't have to mortgage my house every time i catch the flu.

 

I live in Ohio, in terms of the states, we rank like 6th in taxes, and if I took all the taxes I already have than it is easily 12%, and I get damn little for it.

That's my point. The problem is not the tax itself, but who you elect to manage it. The concept in itself works in "many" countries. So ask yourself why it doesn't in yours, and take actions accordingly.
 

Fine, I'm moving to Canada, eh. (Sorry about the eh, couldn't stop myself)

'Oh Canada!'

Originally posted by phoenixxus

A New V.A.T tax is being batted around in congress. The V.A.T tax is new for the U.S. but not for many of our friends who live in other countries they have lived with it for years and have addapted to it. But in the U.S. how will it effect the gaming industry. What is a V.A.T tax it is a tax of any service or item of value. So an example you play WOW and pay your 14.99 per month.  Now it will be 14.99+ V.A.T. I belive in europe it is 17% but now sure. I am sure someone from europe can chime in with the true amount.  I dislike the V.A.T. i like most others U.S. famliies like on a budget and gaming online falls into the extra category ,but if there is less monty for extra will guess i will be getting out my only off line games. What do you think??

Most mmorpgs will adapt the price and say 14,99 VAT included. At least when I pay for lotro or EQ2 i remember seeing all the proces VAT included. Anyway if you can afford 14.99 you probably can afford 17.

The amount of VAT you pay usually vary depending on country and item, in spain for example we have:

Common items, (mmorpgs for example) 16%

Reduced Items 7% (Higienic stuff)

Basic needs 4% Basic stuff like bread, milk, health stuff and so.

Originally posted by Shiva_Shadow

Originally posted by bmdevine

Here's an article about it from the Washington Post.  One thing about value added taxes is that they are collected at each step in the production-distribution chain (e.g. manufacturing, wholesale, retail) and only assessed against the "value" (read "price increase") added at each step.   This does have the effect of raising the ultimate cost to consumers.  In many cases, participants in the production-distribution chain are eligible for credits, so many people feel as though the consumer is the only one really burdened by the tax.  It's important to note than VATs in many countries are higher than what we are accustomed to seeing in our sales taxes.

VATs are a regressive tax, just like normal sales taxes.  The fact that a tax is regressive in and of itself doesn't make it bad, even though some people may throw the term around in a pejorative sense.  However, it can represent more of a burden for some people than for others, and as a result some governments using the taxes have opted for lower VATs on necessities and higher VATs on luxury items.

I think it will be too controversial here in the US to be passed any time soon.

 OMFG!!! You people do realize that the Revolution was started in part by just this kind of multi-step taxes imposed by the british government on most goods?

<prepares to exercise her right to bear arms>

You seem to assume that the issue was the nature of the tax, rather than something about the procedure used to impose it.  Your statement appears to imply that you think the sentiment expressed in the phrase "No taxation without representation" was less important to colonial dissatisfaction than the nature of the tax.  That theory isn't really supported by most historical texts.

Go ahead and bare your arms, though.  Get some sun ;)

Originally posted by Seen_Justice

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

 

Yeah but having one of the best educational and health system in the world has it's cost.

I would take the quality of life of any middle class Denmark citizen "any day of the week" before an american one. Tax means nothing. You got to take everything into consideration and look at the final result. Survey says quality of like in Denmark is among the best, while US is one of the worst of the civilized world.

So root for Obama to implement this, and hopefully this money will repair your school and give some health care coverage to the most needed in your society.

BTW: I live in canada, and our Tax rate is at 12% and i really don't care so long as i don't have to mortgage my house every time i catch the flu.

I lived in Copenhagen for 6 months and have lived in Texas for 8 years... Texas, wins...

Originally posted by bmdevine

Originally posted by Shiva_Shadow

Originally posted by bmdevine

Here's an article about it from the Washington Post.  One thing about value added taxes is that they are collected at each step in the production-distribution chain (e.g. manufacturing, wholesale, retail) and only assessed against the "value" (read "price increase") added at each step.   This does have the effect of raising the ultimate cost to consumers.  In many cases, participants in the production-distribution chain are eligible for credits, so many people feel as though the consumer is the only one really burdened by the tax.  It's important to note than VATs in many countries are higher than what we are accustomed to seeing in our sales taxes.

VATs are a regressive tax, just like normal sales taxes.  The fact that a tax is regressive in and of itself doesn't make it bad, even though some people may throw the term around in a pejorative sense.  However, it can represent more of a burden for some people than for others, and as a result some governments using the taxes have opted for lower VATs on necessities and higher VATs on luxury items.

I think it will be too controversial here in the US to be passed any time soon.

 OMFG!!! You people do realize that the Revolution was started in part by just this kind of multi-step taxes imposed by the british government on most goods?

<prepares to exercise her right to bear arms>

You seem to assume that the issue was the nature of the tax, rather than something about the procedure used to impose it.  Your statement appears to imply that you think the sentiment expressed in the phrase "No taxation without representation" was less important to colonial dissatisfaction than the nature of the tax.  That theory isn't really supported by most historical texts.

Go ahead and bare your arms, though.  Get some sun ;)

 

And you seem to assume that I am an idiot, I didn't spout something about the lack of representation, not that I am getting a good measure of that.  I was referring to the fact that each stage of production through processing to deliver was taxed, it was taxed from step one to step 200, and that made the colonies a poor set of states that were taxed MASSIVELY in comparison to their British Isle counterparts.  And for what the textbooks say, I don't put a whole lot of faith in the propoganda fed to middle schoolers.  The simple fact is the revolution was started about taxes, about money that was being taken out of their pockets without their consent, and that is what in essence this is, an increase in prices for.. what? To fund GM, for bigger government for a war no one wants to fight.  Some might argue that it's just another drop in the bucket of taxes, but the simple fact is the founding fathers didn't like this means of taxation and neither do I.

Originally posted by Shiva_Shadow

Originally posted by Seen_Justice

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

 

Yeah but having one of the best educational and health system in the world has it's cost.

I would take the quality of life of any middle class Denmark citizen "any day of the week" before an american one. Tax means nothing. You got to take everything into consideration and look at the final result. Survey says quality of like in Denmark is among the best, while US is one of the worst of the civilized world.

So root for Obama to implement this, and hopefully this money will repair your school and give some health care coverage to the most needed in your society.

BTW: I live in canada, and our Tax rate is at 12% and i really don't care so long as i don't have to mortgage my house every time i catch the flu.

 

I live in Ohio, in terms of the states, we rank like 6th in taxes, and if I took all the taxes I already have than it is easily 12%, and I get damn little for it.

You are now a 60% stake holder in Government Motors.  Sell your stock...oh...nevermind.  ;)

Originally posted by Valeran

Originally posted by Shiva_Shadow

Originally posted by Seen_Justice

Originally posted by tfwarlord

you should count you self lucky you dont like in denmark. Our VAT (called Moms in danish) is at 25%, and that is on top of the 40% A-tax (the lowest tax level. we have 3), and other taxes (like AM which is at 8%).....

 

Yeah but having one of the best educational and health system in the world has it's cost.

I would take the quality of life of any middle class Denmark citizen "any day of the week" before an american one. Tax means nothing. You got to take everything into consideration and look at the final result. Survey says quality of like in Denmark is among the best, while US is one of the worst of the civilized world.

So root for Obama to implement this, and hopefully this money will repair your school and give some health care coverage to the most needed in your society.

BTW: I live in canada, and our Tax rate is at 12% and i really don't care so long as i don't have to mortgage my house every time i catch the flu.

 

I live in Ohio, in terms of the states, we rank like 6th in taxes, and if I took all the taxes I already have than it is easily 12%, and I get damn little for it.

You are now a 60% stake holder in Government Motors.  Sell your stock...oh...nevermind.  ;)

lol yes how true. Now we can go to the Bank of Obama and borrow to purchase a Government Motors green machine.