A
Accordion_This (Little Upsilon)
All worlds
04 Mar 2011 10:18Link
If you are planning to run a CEO-based economy, 0% tax is always more lucrative than any other tax rate. Why?
Well, a CEO is always going to invest in a 0% tax country rather than a 10 or even 5% tax country. This is because he/she stands to make more money in the 0% tax country because there is no tax burden. So 0% tax is more useful than any other tax rate in attracting CEOs to your country.
You also make more money from a factor outside tax called "Country Resources Used" than you would ever make from tax, even if your tax rate is 100%. Here's an example from a 75% tax country:
(from Profit/Expenses of Corporation for 1 month)
Country Resources Used 1,435.57M SC$ (this is paid to the country)
(from Cash Flow Data for one month)
Tax Paid (to country) -191.39M SC$
So you're actually making 10 times as much money from the former than you are from tax,
Well, a CEO is always going to invest in a 0% tax country rather than a 10 or even 5% tax country. This is because he/she stands to make more money in the 0% tax country because there is no tax burden. So 0% tax is more useful than any other tax rate in attracting CEOs to your country.
You also make more money from a factor outside tax called "Country Resources Used" than you would ever make from tax, even if your tax rate is 100%. Here's an example from a 75% tax country:
(from Profit/Expenses of Corporation for 1 month)
Country Resources Used 1,435.57M SC$ (this is paid to the country)
(from Cash Flow Data for one month)
Tax Paid (to country) -191.39M SC$
So you're actually making 10 times as much money from the former than you are from tax,
M
Matt Patton (Golden Rainbow)
All worlds
14 Jun 2011 20:07Link
countries can run on 0% tax so the jack up salaries
to sky high like 450 or 600
at this level any company is guaranteed to loose 1 bil a month max quality max price still loose
plus they don't jack up the gov salaries so there is a huge disparity between the 2 so welfare sucks
so production is low
taxes don't matter when you loose income
in the end you get high salaries
low production
I leave my tax at default
even with sky high salaries country still don't make a return
I'll take CEO companies but only if they are good no junky stuff and if I have room
and can't support go crazy on HT like FMU and ammo comp weapon comp
I use my ceo to add ceo companies
to sky high like 450 or 600
at this level any company is guaranteed to loose 1 bil a month max quality max price still loose
plus they don't jack up the gov salaries so there is a huge disparity between the 2 so welfare sucks
so production is low
taxes don't matter when you loose income
in the end you get high salaries
low production
I leave my tax at default
even with sky high salaries country still don't make a return
I'll take CEO companies but only if they are good no junky stuff and if I have room
and can't support go crazy on HT like FMU and ammo comp weapon comp
I use my ceo to add ceo companies