Why keep taxes high if you're doing fine ?

[FuscusNight]

Currently in my Brazil run i have Military and Admin set to highest wages and my tax to the lowest since my economy in such a state that i can fill up my gold reserves too fast if i set my taxes even just to medium, i am number 4 as a major power.

Yet i see people who easily have economies that could be fully fine with reduce taxes keeping max taxes all the time the entire run and i always wondered, why ?

Lower taxes means your quality of life will improve for your country faster making it a better place to live dos making people happier and once you hit that gold reserve the money you're earning is going into the void. Has there been some aspect of high taxes i am missing ?

[Hangaround0122]

i cant imagine to set the admin to highest wages. If I can use the gold in the investment pool.....I can do it

[FuscusNight]

Originally posted by Hangaround0122:

i cant imagine to set the admin to highest wages. If I can use the gold in the investment pool.....I can do it

My economy pretty much always has filled up gold reserves, i have to keep building or finding ways keep myself from hitting the point where my money gets fed into the void of nothingness once the reserves are at their peak.

However despite Vicky 3 being a year out now, there's still poor documentation to explain why would one want to keep Taxes set to high all the time even when everything in their country is doing economically is very good. Because with what the game explains, lower taxes = better QoL so also a happier pop.

Early game high taxes and then once midd or late game kicks in and my country is doing very well, i switch down to mid or even lower taxes since there's no reason to bleed my population with taxation if i already got all the money needed to sustain everything perfectly, unless a major war pops up that drains my money hard, then I'd prompt it up back to mid or high but in my current run as Brazil i got all of SA to myself, all my neighbours are my puppets, war is basically not really happening unless i really wanna randomly invade someone in MA,NA,Europe or somewhere else (which i do once, beat up Quing for some silk plantation land)

So i am looking if there's some hidden reason to actually keep taxes set to high even when you don't need to, all i am finding is posts from a year ago mention apparently consutrction is faster with high taxes but i think that might've changed since i don't notice that in 1.5

[Strifeboy]

I do the same, lower it if I have to much $$$ or want to improve government legitimise, though every game I play my investment pool has countless millions of dollars and I have no idea how to get them to start spending that money lol.