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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So the value of all my corporations have been falling rapidily

Topics: General: So the value of all my corporations have been falling rapidily

Salty Horse

Saturday, March 15, 2014 - 10:50 pm Click here to edit this post
I had a 65% tax and 50% profit share. I got into the 5.15 T then one day I log on and the number is lower than usual this has started since Monday I believe. I am now at 1.36 T.

Country name is Imperium of Axxon

Squanto

Sunday, March 16, 2014 - 02:45 am Click here to edit this post
What world? The economy is pretty jacked up right now.

Salty Horse

Sunday, March 16, 2014 - 05:59 am Click here to edit this post
Fearless Blue

craigwilliamson79

Sunday, March 16, 2014 - 06:00 am Click here to edit this post
A 65% tax rate is probably not a good idea. Unless all of your corporations are run by your own enterprise, you are most likely chasing off private owners.

Salty Horse

Sunday, March 16, 2014 - 02:11 pm Click here to edit this post
I lowered it to 15 I think.

Squanto

Sunday, March 16, 2014 - 02:12 pm Click here to edit this post
Most of your corps are losing money right now due to over supply in their products. I saw you dropped your tax rate. Requested to build a corporation that should help build you some money. O can't tell what your spending money on so check your cash log.

President John Henry Eden

Sunday, March 16, 2014 - 07:45 pm Click here to edit this post
I like using 90% profit share with 0% tax rate.

craigwilliamson79

Monday, March 17, 2014 - 05:50 am Click here to edit this post
Found your country. I also have an enterprise and can build once you have enough workers. As the others have said try to ensure that your corporations are producing products which are in short supply. There are some temporary problems going on right now due to some market adjustments, but those should resolve themselves soon (already appear to be well on the way back to normalcy). Profit share should be high and taxes should be low. Most money your country gets from private corporations are from "country resources used" rather than taxes. Taxes are like the ice cream, not the meat.

Salty Horse

Thursday, March 20, 2014 - 06:06 pm Click here to edit this post
Oh okay.

Josias

Thursday, March 20, 2014 - 06:43 pm Click here to edit this post
if your running mostly state corps, the 65% tax isn't an issue, myself, i run 75%, works fine. if their was a drop in market value, given that tax wasn't adjusted, the drop is do to the over supply, as mentioned, allot of that is happening, and will continue to happen. the GM are raising production levels of all corps slowly, when that happens, many red products become green. many computer-run corps will close and open as red type. eventually it'll calm down, and return to normal, just in time for the GM to do it again.

your corps net profit affects the market value. raising tax, and profit sharing will lower this, but doesn't really effect the actual profit of the corp. if you had a drop in MV, with out adjusting taxes, then the loss was probably do to a loss of actual profit, from selling at a lower price, or not selling, as opposed to a net profit drop from raising taxes.

as far as the tax goes, higher taxes will chase off CEOs, but now-a-days, their aren't allot of 0% tax countries, you'd be safe with 20-25%. if your interested in running state corps, then the higher tax will chase away CEOs, and you can run your own corps. whats as important as tax, is your country welfare, a high country welfare >110, will give an extra boost to production, country welfare is a very important index. you can locate a graph of your country's welfare in the Social security index.

its a 6 of one or half-dozen of the other type thing. if your really successful in running corps, state corps with high tax will make you more money, if your so-so, or uncertain, then low tax and bring in CEOs.

President John Henry Eden

Thursday, March 20, 2014 - 09:58 pm Click here to edit this post
SO, what profit share % should I have my country set on if I set my taxes 75%? I run state corps mostly.Like I stated before, I have 90% profit share and 0% taxes.

Josias

Friday, March 21, 2014 - 02:50 am Click here to edit this post
i'll run my profit sharing in the 80-95 range

Andy

Friday, March 21, 2014 - 11:47 am Click here to edit this post
The value of corporations has declined recently.
the reason is that the price of products fluctuates more than before, and shortages are a bit lower than before.

This has increased the PE ratio in many corporations and their market values declined.

The value of game money increased a lot in the past period and interms of gold coins, assets values are quite high.


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