Possible problem with an Obama Presidency related to MMOs

Cabe2323

So does anyone think that with Obama's planned tax increases on Companies we will see an exodus of MMO companies working here in the States?  They can host their servers in another country and then avoid the tax increase. 

Or even more likely will it cause an increase in our monthly fees? 

 

If Obama gets elected the days of a $15 per month fee are long gone. 

Tiller

LOLOLOLOLOLOLOLOL 

Cabe2323

Originally posted by tillamook


LOLOLOLOLOLOLOLOL 

 

Hey he did say he was going to increase the tax on over 250K per year. 

 

That pretty much covers every MMO company.   Plus it actually relates to us.  Everyone knows that a business doesn't absorb the increase in taxes, they just pass it on to the consumers.

SioBabble

The hysteria of the McCainiacs is everything I'd hoped for.

Gorair

The 15$ a month thing was going away anyway.

Why do you think so many companies were looking to RMT ...

MMO's no longer cost 10-20 mil to make , now they cost 50-100 mil.

I can really see it going to 19.99$ and i wount mind, 20$ a month is still cheap for the amout of entertainment you get.

 

Precusor

mmorpg.com might get a tax increase under Obamas new tax plans.

KzinKiller

What a freakin' crack-up .....

By this logic, a Palin in the White House would have all MMO's declared sinful, ungodly, and un-American, and MMO companies would be forced to move offshore to avoid strict content restrictions.

Corporations don't sweat the minor swings in tax policy, what do you think they have tax lawyers on staff for?  It's part of the cost of doing business, always has been, always will be.

sepher

So Obama might be the long-awaited WoW-killer? Now Obama firmly has the MMORPG.com vote. 

Tiller

Originally posted by sepher


So Obama might be the long-awaited WoW-killer? Now Obama firmly has the MMORPG.com vote. 

 

*looks below post and spots World Of Warcraft Wrath of the Lych king add* Yeah right

Dracus

This is something that just may come along.

If you don't want it, contact your congress-person or senator when it gets put into a bill.

IRS taxation of online game virtual assets inevitable

http://news.cnet.com/IRS-taxation-of-online-game-virtual-assets-inevitable/2100-1043_3-6140298.html

NEW YORK--If you are a hard-core player of virtual worlds like World of Warcraft, Second Life, EverQuest or There, IRS form 1099 may someday soon take on a new meaning for you.

That's because game publishers may well in the not-too-distant future have to send the forms--which individuals receive when earning nonemployee income from companies or institutions--to virtual world players engaging in transactions for valuable items like Ultima Online castles, EverQuest weapons or Second Life currency, even when those players don't convert the assets into cash.

Most governments are only beginning to become aware of the substantial economic activity in online games, but the games' rapid growth and the substantial value of the many virtual assets changing hands in them is almost certain to bring them into the popular consciousness.

"Given growth rates of 10 to 15 percent a month, the question is when, not if, Congress and IRS start paying attention to these issues," said Dan Miller, a senior economist with the Congress' Joint Economic Committee, who is also a fan of virtual worlds. "So it is incumbent on us to set the terms and the debate so we have a shaped tax policy toward virtual worlds and virtual economies in a favorable way."