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my life is at your mercy
Whatever pops into my head at the time and I feel like letting you actually read
the 2% tax
people are getting out of hand with this so I am linking this in my sig and trying to help people understand why it is very necessary.

On gaia you get gold for almost everything, posting, playing games, voting on stuff hell even wandering around and where does this money go? to buy items of course. and this worked just fine for a long time but then they introduced the monthly collectibles. well so few people were buying them that it was still ok for a while.

But now we have reached a point where probably around 90% or more of what people are buying is monthly collectibles. why is this a problem? because when you buy an item from a store the gold disapears but you get your money back when someone else buys it meaning there is always that much less gold in the site.

however when you buy an mc you spend rl money to get the item so no gold leavs the site. since most of what people are buying these days is mcs there is very very little gold disappearing while plenty more keeps being made whenever you do anything so everyone gets richer making the items worth less since it is now easy to make thousands a day.

adding the gold sink of the 2% tax means that even when you are buying or selling mcs a little gold still goes away burning_eyes so there is less gold on the site and prices have to drop since no one will be able to make as much as they do now and all will be good once more.

any questions or concerns? feel free to leave a comment here (messages and profile comments are friends only) thank you for taking the time to read and hopefully this will change your way of thinking about the tax!



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User Comments: [4] [add]
serVERDE
Community Member
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commentCommented on: Sat Sep 01, 2007 @ 06:49am
Lovely explanation, it would be a lot of help if the link in your sig worked wink
It links to the person who clicks on it's journal. Mhm.
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commentCommented on: Sat Sep 01, 2007 @ 10:20pm
Actually, people will jsut raise the prices to make up for the lost 2%. Prices will shoot up to all hell.



Gleekus Spottacus
Community Member
kyuuketsuki4
Community Member
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commentCommented on: Sat Sep 01, 2007 @ 10:25pm
THANK you! I'm tired of these people who know nothing about economics assuming that just because he's new to the gaia staff or whatever they're saying that he doesn't know what he's talking about.


commentCommented on: Sat Sep 01, 2007 @ 10:34pm
My bad. double posted.



kyuuketsuki4
Community Member
User Comments: [4] [add]
 
 
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