Simcountry
Forum Fearless Blue Country debt question.... (Fearless Blue)

Country debt question.... (Fearless Blue)

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Grant Winston (Fearless Blue)

All worlds
01 Aug 2008 23:25Link
My country currently has 8 billion dollars in cash. Each time i log in i have even less money. Just a few days ago i had over 1T in cash. The total amount of loans i have is 500B. I have a little over the minimum target of corporations and i never build a new corporation when i dont have enough workers. I AM buying alot of offensive military weapons.
What can i do to start getting money back so i dont go bankrupt or something??
S
Stuart Taylor (Little Upsilon)

All worlds
01 Aug 2008 23:35Link
Firstly - stop buying weapons of any kind and deactivate as many as you can. Then attract CEO's to your country and set your tax to 0%. Try to sell off all state corps.

Thats the slow way.

The quick way?

Buy some cash on the cash market!!!
S
sfo Treasurer (White Giant)

All worlds
02 Aug 2008 00:14Link
hmmm, buying weapons and wondering why I'm going broke.
Z
Zazmio Bool (Fearless Blue)

All worlds
02 Aug 2008 01:34Link
Why sell off state corps? Don't they make you money? How will CEO companies make you money if your tax is at zero?
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Stuart Taylor (Little Upsilon)

All worlds
02 Aug 2008 01:38Link
Each corp (state & private) pays you 30% of their gross profit anyway - without tax. If you put tax on that too, CEO's are making less money - so will go somewhere else. Trust me - I had a good teacher! Arkh Mori taught me everything I know.
J
JMR32 (Golden Rainbow)

All worlds
02 Aug 2008 08:48Link
You're right Stuart, except it's actually 39.99% that they pay, I got my handy calculator out and did the figures on all 196 of my CEO corps, and it banged 39.99% each time. It was a boring day, okay?
Z
Zrapid Pace (Fearless Blue)

All worlds
02 Aug 2008 11:43Link
Okay I have a few question about raising income. If the profit transfer percentage is 0 and I raise it to 25 will that take more profit from the CEOs. Next question. If a CEOs corporation isn't making a profit will that effect the countries income? Last question besides taxes is there more I should be doing to keep CEOs happy?

Zrapid Pace
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Stuart Taylor (Little Upsilon)

All worlds
02 Aug 2008 23:31Link
The bit about keeping CEO's happy - I can answer that. It is very important. Without them you would have high unemployment and your country would go bankrupt.

The rest of it I think I will leave to Mr. Farmer - coincidently, an important CEO in my main country!!!