Simcountry
Forum General Question

Question

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erichughes523 james

All worlds
25 Oct 2014 05:49Link
how do you get rid of a privet corporation out of one's country?
A
Andy

All worlds
25 Oct 2014 13:03Link
You can nationalize it for a large amount of game money. You can also use settings to refuse private corporations.

but:

You should instead try to get all your corporations to be private.

private corporations are contributing much more money to the country than state corporations.

the most profitable accounts in Simcountry are ones that have a large number of private corporations.
A
Andy

All worlds
25 Oct 2014 13:05Link
Communist countries used to have all state owned corporations.
they failed.
Nearly all the world industry if privately held or traded on the stock exchange as public corporations.
J
Jackwagen

All worlds
25 Oct 2014 20:37Link
state<private<enterprise owned Public<State owned public
A
Andy

All worlds
26 Oct 2014 01:29Link
I removed some irrelevant confusing texts to make this clearer.

Jackwagen is right.
but the main advantage is between stare and private.

Private corporations also pay taxes but in addition, they pay a percentage of the TURNOVER to the owner (in this case the country).

As a result, their contribution to the country is much higher than the contribution of state corporations.
J
Jackwagen

All worlds
26 Oct 2014 02:24Link
well it doesnt matter what percent they contribute because you can always jack up taxes to 75% anyways.... all that matters is profitability the difference between the quality and effectivity upgrades of state and private and private and public is the same (25) state run public corps have the added benefit of being state run meaning you don't have to rely on a CEO
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hymy

All worlds
26 Oct 2014 03:11Link
AHHHH damnit Jackwagon.... I get it now. I can't believe I never made that connection before. It's so effing obvious, now.

So IPO your state run corps, sell all the shares, and jack up the tax rate. You get the extra quality, keep the cash from the stock sells, and all the profit too. Meanwhile the shareholders are left holding the sack and you laugh all the way to the bank.

Now I just hafta decide if I'm that evil, ... yeah probably.

That should be in manual, I hope somebody gets to read this before andy deletes it.
O
Orbiter

All worlds
26 Oct 2014 03:12Link
i still want hymy to see that i agreed with his confusing message, at least mostly
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hymy

All worlds
26 Oct 2014 03:48Link
I saw it.
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Orbiter

All worlds
26 Oct 2014 04:29Link
this thread has been totally hijacked, jackwagen, i'm sorry

i'll tell you, i started out playing this game, being a good guy, collecting monthly income, buying stuff, growing

i had a fed mate that swiped his card to buy top-notch countries, he was the best in the world, but myself, with 4 dollars a month, I was second rate. to be top notch, i had to be better in game, and i was getting their.

i made the move that would eventually make me, well, me as i am, he was jealous, and booted me from the fed, it was my darkest time in sc, but if i didn't take that step, i'd have been in WGC when they got beat, by.. well, by me and my allies, lol (nod to WB, Beast, keto, EC, budman, slade, lalabear and especially, Serpent, i'm still gratefull to share this with you guys)

point is, you must try to learn the game beyond monthly income, until you do, you'll be second rate

Josias
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Orbiter

All worlds
26 Oct 2014 05:06Link
July 30 3416, a Large Earth Quake occurred in Phoenix Summit.
The Large Earth Quake was felt in your country as well.

not like the GM has a way of talking
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erichughes523 james

All worlds
26 Oct 2014 11:35Link
Thanx's for the info!
J
Jackwagen

All worlds
26 Oct 2014 17:33Link
lol I think you got it hymy but you can still keep up to 24% percent of your shares which is helpful in case some CEO decides to buy up share takeover your corp and shut down production..... You'll want to get allies to invest in your corps with their IFs or you can do it with your slaves.... Also another thing I personally like to do is raise taxes which sends the share price down... Buy as much shares as I can... Lower taxes to boost share value again and re sell the shares
H
hymy

All worlds
26 Oct 2014 18:00Link
That's a nice touch, on the concept. I like it.
J
Jackwagen

All worlds
26 Oct 2014 19:30Link
where is your country located hymy you should join my federation