make 1 day a no tax lotto day
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matrix_rep Runner Up in BB20Mythic ⚔️ I ⚔️ ECC Sponsor Resident ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐⭐ XI ⭐⭐ Premium Upgrade
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matrix_rep Runner Up in BB20Mythic ⚔️ I ⚔️ ECC Sponsor Resident ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐⭐ XI ⭐⭐ Premium Upgradethanks man means alot coming from such a noble lottoer
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WhiteSoxFan123 BuilderBuilder ⛰️ Ex-Mayor ⚒️⚒️
this would be interesting just let me know in advance so i can make sure i'm nowhere near ecc (i don't wanna lose my money)
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matrix_rep Runner Up in BB20Mythic ⚔️ I ⚔️ ECC Sponsor Resident ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐⭐ XI ⭐⭐ Premium UpgradeLOL
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steveshizzle ResidentResident ⛰️ Ex-Tycoon ⚜️⚜️⚜️
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Can you please use the format for making suggestions? I feel like you're going out of your way to annoy us like you feel like those rules don't apply to you
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greg45865734 BuilderBuilder ⛰️ Ex-Mayor ⚒️⚒️
-1, inflation and not really any legitimate reason for this.
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-1. AFAIK lotto takes about as much out of the economy in one day as money is put in with /sell, so an important valve for the economy.
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Dr_Dragon_Slayer BuilderBuilder ⛰️ Ex-President ⚒️⚒️
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No. Ain't important at all. How about we fix some real stuff first? -
If we did this we would have to raise taxes on the other days. We rely on lotto to take money out of the economy. -1
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matrix_rep Runner Up in BB20Mythic ⚔️ I ⚔️ ECC Sponsor Resident ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐⭐ XI ⭐⭐ Premium Upgradeawww :(
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So, here's some math on this YAY MATH!
There are lotto's ever 15m on ECC, and assuming that it starts at midnight, there are a total of 96 lottos per day.
(24 *60) / (15) = 96
On average the lotto is about $40,000, which totals $3,840,000 in the lottery
96 * 40,000
Tax is 15%, which is 576,000 per day taken out.
3,840,000 * 0.15
This means that there would be an extra 500k in the economy.
How would you remove this? That is your next question as we must keep the economy balanced.
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Yay math! I agree. :D
I wish I would have had enough time/had thought of it to add some math, too...but anyway, you did it now. :D
May I also not only agree with your "Yay math" statement, but also with your calculation and the fact that the economy needs to be kept balanced? :) -
greg45865734 BuilderBuilder ⛰️ Ex-Mayor ⚒️⚒️As an addition to what you are saying people will probabally be more inclined to play lotto on the day that there is no tax and in turn declined to play on the days where there is a tax, but I don't think there's any way we can calculate an exact amount or an accurate estimate of what this would cost but what we can logicly assume is that it would increase lotto played on the day with no tax and decrease on the days of tax, therefore increasing the amount of money not taken out of the economy.
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Mission001 Ex-EcoLegend HⱻặĐHůƞẗǝɍECC Sponsor President ⛰️⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐ III ⭐ Premium Upgrade
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I would love to match this idea up with @clou44 with repaying scammed users.
If you had one day with no tax, or very low tax,
You could have a stint where tax could be slightly higher with both proceeds going to a cause.
Also, you should fix your original post with the actual suggestion layout @matrix_rep
Potential +1 but atm +-1 -
UnitedStates2 BuilderBuilder ⛰️ Ex-President ⚒️⚒️ Gameplay Architect Premium UpgradeSums it up
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UnitedStates2 BuilderBuilder ⛰️ Ex-President ⚒️⚒️ Gameplay Architect Premium UpgradeWe actually could remove the money, by increasing the lotto tax on days the are not that "Lotto Tax Free Day"
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matrix_rep Runner Up in BB20Mythic ⚔️ I ⚔️ ECC Sponsor Resident ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐⭐ XI ⭐⭐ Premium Upgrade
It would just be one day like a year ;-;
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knears2000 BuilderBuilder ⛰️ Ex-President ⚒️⚒️Apparently, the word "suggested", now means "rule". k
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