How to set taxes

[Piko]

I will be honest, unsure how to actually set it up, so curious what numbers to set up, etc.

[F_F]

You can do a bunch of ways honestly. A pretty safe one is to set 2 taxes. one is 30% income and the second is to set a limit on wealth. Since your town is a closed economy you will slowly run out of money if you don't set a limit on wealth. I start out with 30% income and 50% wealth if you have over 500. I also set welfare to to 200 if you have under 100. Once you get more more money you can then raise the wealth cap. Also if you want more rats to have more money in general you should pay them for transportation of items. Transportation is any action that results in an item going to a storage box, so anyone but health/entertainment/government workers benefit from this.

[Piko]

I set value to 300, % of wealth to 30 and percent of income says 1. Is that the correct formatting for it. Is that the correct way to get that set up?

[F_F]

first tax: Income set to 30% and it applies to any.

Second tax: Wealth set to 50% and it applies to Rats with over 500 gold.

Welfare: 200 gold and it applies to rats with 100 gold or less.

[Piko]

Does the "Set value" set up at what point it kicks in?

[F_F]

Value is just a flat number of how much gold you want to take. You can only choose one between value, income or wealth.

Standard on first tax is set to "all" and on the second one its set to "wealth owned over" and thats set to 500. Hope that helps.

[happyscrub]

Set wealth tax to 50% income everyday and welfare at 150. This will work, even on hard, until you get some income from mint/trading. Then you can experiment on what you want to set up for the future

[Meaday]

take all and give 200

[F_F]

Originally posted by Meaday:

take all and give 200

Commusim lol. I would love this but when you take 100% wealth/income that includes the welfare.

[JovianStorm]

Originally posted by F_F:

Originally posted by Meaday:

take all and give 200

Commusim lol. I would love this but when you take 100% wealth/income that includes the welfare.

Take all income, not all wealth.

I don't bother with income. I take 50% wealth for over 300, 1000 and 6000 (I change the law as economy develops). And I give welfare of 200 to everyone under 200, then 501 for everyone under 500 and 2500 for everyone under 3000. But you'll need to use shrine of rat a lot.