Tax reform

[guowarren]

What should I do at tax meeting? Is tax cut good for the economy?

[Armanis-]

Look on steam "Guides" and "All Bills and what they do" Topic you have all informations :)

[guowarren]

I am talking about tax meetings not bills.

Originally posted by Armanis-:

Look on steam "Guides" and "All Bills and what they do" Topic you have all informations :)

[Disturbed]

Generellay yes, lowering the taxes has a positive economic effect.

[guowarren]

Does that matter if I cut tax on small or large business? Do you need a positive budget

Originally posted by Disturbed:

Generellay yes, lowering the taxes has a positive economic effect.

[LtlMacMcG]

Originally posted by guowarren:

Does that matter if I cut tax on small or large business? Do you need a positive budget

Originally posted by Disturbed:

Generellay yes, lowering the taxes has a positive economic effect.

Only on small Businesses. It hurts if lower large business.

[Cally]

It's one of the most subtle important decisions in the game. It determines if the oligarchs will undermine you. If you raise taxes on them, they will make you regret it. Maybe not immediately, maybe not to a point you die, but you will make them enemies, at the very least.

[stm8022]

Originally posted by Cally:

It determines if the oligarchs will undermine you. If you raise taxes on them, they will make you regret it. Maybe not immediately, maybe not to a point you die, but you will make them enemies, at the very least.

Marcel is pretty much okay with it in my experience. It's possible that bailing out businesses (which in the talk with you he mentions as beneficial for him) and having the backroom deal with him that you uphold while taking away Tusk's major share offset the negatives -- he does complain the tax is costing him some, but also says he can live with it. Given he then participates in your re-election campaign, it seems to be true enough.

[Radene]

Originally posted by stm8022:

Originally posted by Cally:

It determines if the oligarchs will undermine you. If you raise taxes on them, they will make you regret it. Maybe not immediately, maybe not to a point you die, but you will make them enemies, at the very least.

Marcel is pretty much okay with it in my experience. It's possible that bailing out businesses (which in the talk with you he mentions as beneficial for him) and having the backroom deal with him that you uphold while taking away Tusk's major share offset the negatives -- he does complain the tax is costing him some, but also says he can live with it. Given he then participates in your re-election campaign, it seems to be true enough.

That's because, even if you do the tax hike; if you destroy Walter, he's still going to gain a lot of wealth and influence, thanks to you. He's also, unlike Walter, the kind of guy who knows when to take what's on the table and wait until he can get the rest of what he wants.

[Ranger]

Cutting taxes does improve the economy but I have not worked out exactly how much. If you note they say cut taxes for the big companies and increase taxes for small end medium companies. if you do that the net effect is -1 on funds which is most you can usually afford. I have found the oligarchs do react if you increase their taxes. Increasing taxes is therefore probably not worth it depending on what run through you are doing. I usually leave them untouched which has no impact unless you have plenty of funds in which case do cut them.