Which is better a High tax rate or a Low tax rate?

I have seen some countries with a low tax rate of below 10%, a few with 0, and some (the Malizian countries) with 75%. Which is the best option. I know most CEO's like you to have a rate of below 10% in order to attract private corps.

Look in the forum the question was answered a thousand times. We shouldn't keep spamming topics that have been explained before. Also this doesn't belong in general thread. It is beginners or help. I'm not trying to sound rude. I feel like I answer the same questions over and over again but no one seems to actually read the forum.

The forum really needs a sticky feature, or a new topic for FAQ's. Searching with a keyword for discussion on this topic is pretty fruitless. "75% tax rate" yields nothing of worth. Other relevant keyword searches show either no results, or so many that paging through them would discourage many players.

The best option is going to depend on how you want to run the economy in a particular country. If you are seeking outside CEO investment, a low tax rate is one of the benchmarks they look for. Others are a good Corporate Welfare Index, and the longevity of the player(it's a bit of work to either create new corps, or move in the maximum, IPO them etc, only to have the player drop out in a couple of weeks, and have the country go back to the sims).

For a state run economy, with heavy state investment, or with investment from your own Enterprises, the 75% scales better for country income. Your not really making a

Taxes are merely for show in your finance index if you have an economy based off of only state/owned enterprise corporations. However, and most importantly having high taxs in a large country state based economy effects how large your active military can be before the country automatically disables military weapons and lowers wages.

Having a large amount of state owned, public corporations where the host country has low share ownership >25% for example, is also massively effected by taxes. Having low tax with most public corporations will push money out of the country and into foreign investment funds. Having high taxes will keep the money in the country, with the added 250/250 upgrade benefits.

If your country economy is mostly fueled by foreign enterprises you should have lower tax to attract more foreign corporations. You pay nothing into them, they pay your worker salary and give you a share of their profit. You benefit greatly of

Zen,

Any chance of you making a guide about the economy? I feel it would be as useful as Aries' guide on C3 war, as the economy drives the war engine. And you will receive the thanks of a grateful community.

Cordially yours,
MNey

I don't focus enough on the economy for me to write a long detailed guide about the economy, I do not test and confirm most of the things that I say, I base my statements off of quick observation. Sort of like if you skim chapters in a book and then make a C- grade book report. I haven't had any empire besides the one on FB last long enough for me to sell my shares and buy them back into my investment funds in order to "lock" my public corporations and funnel 100% of their income back into my empire and population paychecks. This is what Aries has done on his LU empire, and it is by far the most highly efficient economic powerhouse on simcountry. I would set up an empire similar to Aries, but unlike him I have no patience to keep countries/empires around long enough to create an integrated central economy that influences my entire empire.

My play style is extremely different from most players. I literally do not care about my count

Helloa Michael I've got 0% because I'm lazy. I can be away for months and the corps in my country are still there. I can delay on paying my subs and the corps are still there. If your lazy go for 0% and get your country in order, then promote your country and then chill out but if your not lazy then make your own corps and squeeze everything you can out of them with high tax's (y)
Edit....Wot still no like symbol?

Thank you so much zen...