Annual Wealth Tax
Every year, Sam Points are taxed and redistributed to discourage hoarding and other risk-averse behavior. The wealthiest pointholders are taxed at a higher rate. Some pointholders will not be taxed at all.
Looking to reduce your tax burden? Try the ๐ฐ Casino
๐ When
The wealth tax is processed automatically on January 9th at 9:00 AM Pacific Time every year.
This date was chosen to give everyone time to recover from the holidays before facing their tax obligations.
โ๏ธ How It Works
๐ Tax Brackets
Sam Points uses a progressive tax system. Each bracket only applies to points within that range.
| Point Range | Tax Rate | Max Tax in Bracket |
|---|---|---|
| 0 โ 50,000 | 0% | 0 |
| 50,000 โ 100,000 | 20% | 10,000 |
| 100,000 โ 200,000 | 40% | 40,000 |
| 200,000 โ 350,000 | 55% | 82,500 |
| 350,000 โ โ | 75% | โ |
Example: A person with 500,000 points pays approximately 49% in total tax (~245,000 points).
๐งฎ Tax Calculator
Enter your point total to see how much you owe on Tax Day.
โ FAQ
Can I avoid the tax?
No. The tax is automatic and applies to all point holders. You can reduce your tax burden by having fewer points. To consume points, try taking risksโvisit the Casino, declare a public Sam-Point wager, or do something Sam might find objectionable. You are going to lose them anyway, why not lose them doing something fun?
What if I have negative points?
You won't owe any tax, but you'll still receive your share of the redistribution. It's a great time to be in debt!
Is this legal?
Sam Points exist outside the jurisdiction of any earthly government. Sam is the law.