Accounts (Before Taxes):[/b]
A101: E 4,050
A102: E 9,550
A103: E 7,550
A104: E 600
A105: E 2,650
A106: E 2,150
A107: E 800
A108: E 500
A109: E 500
A110: E 4,500
A201: E 2,300
A202: E 0
A203: E 800
A204: E 100
A205: E 0
A206: E -2,200

Total Accounts:16
Total Ecu: E 38,250

Accounts (After Taxes):
A101: E 3,038
A102: E 7,163
A103: E 5,678
A104: E 450
A105: E 1,998
A106: E 1,613
A107: E 600
A108: E 375
A109: E 375
A110: E 3,375
A201: E 2,185
A202: E 0
A203: E 740
A204: E 95
A205: E 0
A206: E -2,200

Total Accounts: 16
Total Ecu: E 24,207

Total Taxes Received: E 14,043

Notes:

• All accounts over E 300 were automatically taxed 25%, as by law; due to the fact that taxes have never before been collected (so for all purposes, this is monthly income). Next month it will go by what you actually make that month.
• All businesses with a 0 or - balance were not taxed, as they made no profit to be taxed.
• A108, A109, and A110 will all be PM'd with their information.

I`m no expert but I think the way the law should be read is the following.
If you have E 400, then the first hundred are taxed by 10%, the second hundred are taxed by 20% and the rest is taxed by 25%. So the overoll taxes would be:
-- 100*10%+100*20%+200*25%= 10+20+50 = 80

I you taxed the whole four hundred by 25% that would be 100.

Again, I`m no expert, and I`m not sure if what I am pointing out is correct, but I think it is.

Sincerely,

Indeed the Cardinal is correct. I seem to be coming to realise I should have spent more time drafting that paticular act....

Pete there is nothing wrong with the act. If I am not mistaken many laws in the RW are like that. It just needs to be explained because it can be read differently.

Sincerely,

Perhaps a court decision regarding all future interpretations?