Minerealm Community Forums

I have a problem when it comes to credit transactions. For example, when somebody buys 1 diamond from me for 100 credits I only end up with 90. Shouldnt you compensate for the taxes? In real life when you send money to make a purchase, do you only pay what is asked? Or do you pay for taxes too?

There should be some law or rule about this

Agreed. It would be nice if the number of credits entered in the command would be the number that goes to the seller, and the prompt to type /yes informs you of what the total cost will be, including both credits to the seller and credits destroyed as tax.

The general assumption seems to be that you /give the agreed upon number. Some people do like to specify for buyers to also pay tax, and others simply ask a higher price. As long as you do so at the START of negotiations, you're free to tell anyone you trade with to include tax, though you should also be prepared for others to expect the same of you.

Yes
When you buy something you should add 10% (or whatever the tax rate is) of the cost so whoever youre giving credits to actually gets the price he/she is selling it for

Generally, when I'm buying something, i add on the tax. It seems like the right thing to do.

In real life you usually have to pay taxes on your income too. So in my opinion, having the taxes taken out of what the buyer pays the seller satisfies both the sales tax and the income tax. I don't ask for tax to be added to a transaction when I sell, and I prefer not to have to make up the tax difference when I buy. Just my thoughts.

There is a simple answer to your question. If you want them to pay the tax then discuss this before the trade happens. You should tell the person the amount they need to send instead of asking people to sit there and figure out 10% of every transaction. That is just silly. Dont be mad at someone because you didnt clarify you wanted them to pay the tax after the fact. Thats just unfair.

It makes no difference who pays the tax.
For example:

Mr X sells Mr Y an enchated pick for 12,000, the agreed price between the two of them. Mr Y pays 12,000 (the agreed price) but Mr X recieved 12,000 - 1,200 = 10,800. So the tax is payed by Mr X, as Mr X loses out on the 1,200 from the agreed price due to the 10% tax.

But then later on.

Mr Y then decide he doesn't want the pick anymore and sells it for 12,000 to Mr Z, so Mr Z pays 12,000, but Mr Y only recieves 10,800 like in the previous trade, so in this case Mr Y pays the tax as he loses out on the 1,200 tax, but this time Mr Z pays the agreed price.

(in this example Mr Y does lose out on 1,200 due to reselling the item for the same price, but if Mr Y were to sell other items bread, diamonds whatever then it all would balance out)

So as the tax is set to 10% and it doesn't fluctuate, it doesn't matter who pays the tax. As it all balances out in the end.

So my point is if I didn't make it very clear, if you are selling you pay the tax but when it comes to buying you dont pay the tax, granted you get less than the price agreed upon but thats the whole point of tax. Problems will start arrising if everyone has to work out what the price is before tax.

That is an easy example:
For example, lets say two people agree at a price of 18,000 for a realm, that means that the buyer has to pay 20,000 to cover the tax of 2,000.

Bit harder example:
Say someone agrees a price of 12,500 for X item then you would have to pay 13,888 to counter the tax so it is just easier to agree a before tax price.

It could end up being quite complicated if everyone has to calculate what the value of something is before the tax comes off.

This now leads on to me thinking that a rule should be made "LAW", the agreed price in a trade is before tax, to stop any problems in the future.

I say remove all taxes! Everyone wins!

I say raise the taxes!