Frequently Asked Questions
 

 

 

PAY 50% INCOME TAX

   
 

Q: Why is this space named "Pay 50% Income Tax"?
A: Because when you land on this space, you must PAY 50% of all your Cash for Income Tax.

Q: What is Income Tax?
A: In the Real World, Income Tax is the tax you pay the Government on all the income you earn.

Q: What happens when I land on Pay 50% Income Tax?
A: Step 1: Count all your cash. Step 2: Divide the total cash by 2. Step 3: Round amount to nearest $100 when necessary.

TRICK: If you have more than one bill of the same denomination; set aside one bill for the bank and one bill for yourself in two separate piles. If an odd bill is left over, return it to the rest of your cash. Repeat this process with other denominations as necessary using the same two piles you already created. Give one pile of cash to the Bank when you are done.

Follow Steps 1-3 above for the remaining cash you have; but do not count the cash pile you created for yourself.

Q: Do I count my other assets besides cash?
A: No. You only count your cash.

Q: What happens if I don't have any cash?
A: You don't pay anything, even if you have other assets.

Q: What's an example of a player landing on Pay 50% Income Tax?
A: Suppose you land on Pay 50% Income Tax and your Cash Total is $42,400. Now, after dividing by 2 you obtain $21,200. So, you must PAY $21,200 for Income Tax.