Article 1. All citizens and resident non-citizens shall be taxed at the following levels based on one calender year of income. Income being defined as Wages and Salaries, Money Market Accounts and Banking Account Dividends.

Incomes with less than ~34,999.99 are considered at an insolvency level and do not incur this tax.
Incomes between ~35,000 through ~74,999.99 are taxed at 3% of annual income.
Incomes between ~75,000 through ~129,999.99 are taxed at 6% of annual income.
Incomes between ~130,000 through ~249,999.99 are taxed at 10% of annual income.
Incomes between ~250,000 through ~999,999.99 are taxed at 13% of annual income.
Incomes between ~1,000,000 through ~4,999,999.99 are taxed at 17% of annual income.
Incomes between ~5,000,000 through ~14,999,999.99 are taxed at 21% of annual income.
Incomes between ~15,000,000 and above are taxed at 25% of annual income.

Article 2. All commerce with foreign nations will be taxed at the following rates:

Article 2.1 Imported goods will be taxed at no less than 7% of their value.

Article 2.2 No foreign nation will be allowed to penalize Cyberian products with high or restrictive trade practices, while being allowed open access to the Cyberian market.

Article 2.3 Should a country or trade partner practice excessive or restrictive taxation on Cyberian exports, of more than 2.5%, of what Cyberia taxes that country's or trade partner's imports; Cyberian taxes will be adjusted upwards to equalize taxation levels.

Article 2.4 Exported goods will be taxed at no less than 6.5% of their value.

Article 3. All corporations or businesses whether owned privately, collectively or by government agency, will be assessed corporate taxes on net profits that company earns:

Article 3.1 Taxes will be assessed on net corporate profits at 6.5%.

Article 4 Taxes will be assessed on all capital-gains profits that are included in the following article.

Article 4.1 Taxes on capital-gains which include taxable stocks, trade accounts and notes receivable, depreciable property, and real estate used in a trade or business, bonds and interest on personal trust funds in excess of ~1.6 million Cy shall be assessed at 5%.

Article 5 A National Luxury Tax will be assessed at a level of 6.5% on all items except for those that are considered essential to maintain basic health and living standards.

Article 5.1 The following items are to be considered essential to maintaining basic health and living standards and therefore NOT taxable; food that is not sold in a commercial establishment, medication of any type, clothing, no tax shall be assessed on a person or families primary domicile (if more than one residence is owned, the primary domicile shall be considered the domicile in which said person(s) reside for at least 3/4ths of the calender year, all other residences are taxable) and automobiles under ~29,000.00.

Article 5.2 At such time as 15% of all vehicles produced in Cyberia are alternative energy operated vehicles (non-internal combustion engines); and at such time as 35% of all automotive service stations offer facilities to service these vehicles; and at such time as alternative energy vehicles can be produced at comparable prices to internal-combustion engine vehicles, alternative energy vehicles will be considered tax free under Article 5.1 and automobiles that are operated by internal-combustion engines will no longer be tax free under Article 5.1.

Article 5.3 All items not listed in Article 5.1 and specifically items which cost over ~250.00 shall be assessed the Luxury Tax.

Article 6 All employers will withhold taxes from employees and make quarterly payments to the "Bank of Cyberia." This quarterly payment will also include the employers' share of corporate tax payments.

Article 6.1 Taxes shall be collected for the full 1998 calender year. The first levy of income and corporate taxes will occur during the second quarter of the 1998 calender year and will also include taxes due from the first quarter.