Other than these performance-based things, there were also a lot of ’interactive’ establishments. The most popular of which were the casinos, which had actually been a subject of debate among the elders, ultimately getting approval but with increased regulations.
The casinos here target very wealthy aborigines and locals. Some were targeted at the super rich, while some to the relatively rich.
Of course, as always, there were a lot of control measures, especially for the locals. There was a minimum amount of total wealth required to enter and a maximum amount of spending they could do.
Of course, there were creative people everywhere who’d partner with other people to go beyond this limit, but it would be too much to control even that.
If they won big through that, then it could just be considered they were too skillful. Anyway, casinos were taxed a lot.
There was something called a franchise tax which, in Terran, was imposed on various businesses—particularly the gaming industry. In Alterra, it functioned and calculated about the same way.
Not only was it a great source of revenue for the territory, it was also a way to monitor, control, and regulate the activities.
With the increasing number of population, activities, and stakeholders appearing in the territory, there naturally had to be an increase in monitoring as well.
The Lord’s system only imposed the usual taxes, including income taxes, sales taxes, and even real estate taxes (or at least their version of it) —the Lord only had the ability to change up the percentage and vary what was included in the tax calculations.
These taxes were imposed even before they arrived and were integrated with the system. They were automatically collected and went straight to the Lord’s wallet.
Interestingly, there was even a small existence tax everyone —including visitors—paid annually, though they only found out about that after landing a year, because that didn’t go to the Lord’s wallet but somewhere else.
Where? Who knows.
Fortunately, it was a flat rate and was negligible to the average Alterran citizen. The only ones who’d probably realize this burden were poor citizens from villages and those people didn’t know what it was.
They just assumed the Lord decided to take some money from them as if they were omnipotent beings, and very few dared to question the practice. Even if they did, the Lord didn’t know about it either so what could they do?
The new ones were foreign taxes introduced by Terrans and therefore weren’t automatically collected by the system. While she did have an option to add it, she opted not to in the end.
It was too troublesome for her to move finances from her own wallet to circulate within the economy. She did not have the energy to monitor everything and sadly there wasn’t an option where she could get someone else to manage her finances.
It seemed like, when the system was created, entrusting wealth management to others was unimaginable.
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