CP. Ravennah does not believe people should be taxed on the fruits of their direct labor as it is tantamount to taxing the very hours of a persons life. This is why the Sovereign Democratic Kingdom of Terramor does not levy personal income taxes. Property taxes are paid to the sovereign on land holdings within the capital city of Bir Tawil and Corporate Income Taxes are paid on any domestic or foreign corporate income at a rate of 10%. The government and infrastructure are funded by Corporate Income Tax and Industry rather than tax on the citizens as "Government should be for the good of the people, not the other way around." -CP. Maurice D. Ravennah
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