Simcountry is a multiplayer Internet game in which you are the president, commander in chief, and industrial leader. You have to make the tough decisions about cutting or raising taxes, how to allocate the federal budget, what kind of infrastructure you want, etc..
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Country Finance Advice

Topics: General: Country Finance Advice

Baconator

Monday, October 29, 2012 - 02:13 am Click here to edit this post
I was just looking for more in depth tips on how to maximize your countries strength in the finance department.

I already know:
- Enterprises help tremendously
- Not to go overboard on military
- Control a fine tuned education system

What I want to know is:
- What is a good max profit to shoot for in a country per 1 million population.
- How to address the corporate tax rate ( I have seen success with high and low ) when I plan to supply all corporations myself via share market transfer to my CEO
- What are ideal targets for education, health, and transportation indexes when you plan to have 40% industry 60% high tech industry.

At my current state I am at:
44 Million Population Game Level 6
13-18 billion surplus per month
96.5 employment ( sits there comfortably )
185 - education ( plan to fall to 160-170 )
130 - health ( plan to keep there )
150 - transport ( plan to fall to 130 )
20T in available cash ( not all in the country )
<1 indexes in all military catagories
War Level 2
Have 40 state and 25 private corporations ( I plan to use the share market to hand them over to my CEO to increase my profit )

MAIN QUESTION: When it comes to tax rates, is it better to just set it at 0 and let the corporations grow in value or set at 75% when you plan to have your enterprise control them all? I have went with the second strategy but I am struggling getting my corporations to be valued high enough to IPO them.

Tips would be very much appreciated.

Crafty

Monday, October 29, 2012 - 11:23 am Click here to edit this post
75% tax is OK for a state corp economy, where you can set 0% profit transfer, but not really for your CEO corps. You cant expect CEO corps to pay 75% tax to the country and then some profit transfer to the enterprise. You'll kill the corps or create great debt in the enterprise as it tries to keep the corps afloat.

If your plan is to go down the private corp route, set the tax to 0% and control your state corp payments to the country with profit transfer (I use 80 - 85%). There's no need to tax the CEO corps as they pay enough to your country in the form of 'country resources used'. Then you can use the profit transfer settings in your enterprise to get some cash transferred to your ents coffers without bankrupting the corps.

sbroccoli

Monday, October 29, 2012 - 01:58 pm Click here to edit this post
Interesting questions, Baconator.

In return, let me ask you something: when you were new a while back, what was your state surplus/deficit when the beginner bonus had ended?

Did you run a deficit by then or did you have it balanced allready?

(I currently run a net deficit of 7B if you take the beginner bonus into account)

Baconator

Tuesday, October 30, 2012 - 08:57 pm Click here to edit this post
I am currently running a 13 - 18 billion surplus normally without taking in to account the income booster. I just want to be set up to produce a consistent profit so I can possibly ship some money over to my enterprise.


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