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You can read the details about tax midpoints here: http://wiki.heroesofhammerwatch.com/Money
With a level 3 treasury your tax midpoint is 20K meaning that if you has 20K gold in your city the tax would exactly be 50% , the papers of nobility increase the tax midpoint by 25% , so with a level 3 treasury your tax midpoint would be at 25K instead of 20K meaning that you could collect 5K more treasure before the tax rate reaches 50%
More/higher tax midpoint means you can collect more gold before it reaches the point where you'd need to tax 50%+
If you has problems with tax cause lot of stored gold try using the 'Offshore accounts' fountain effects as it multiplies the tax midpoint by four, meaning that with a level 3 treasury you'd reach 50% tax rate at 80K gold instead of at 20K.
WTF IS MIDPOINT??? EVEN if you keep repeating midpoint every fu*king sentence it doesnt mean sh*t I will still not understand
Here we go the most useless human being have join and have start trolling instead of helping, no need to answer again I will block you
It's not rocket science, also the fountain is amazing if you know what to take.
Also, 40 hours and you still have not cleared the forsaken tower even once, not surprising.
As far as I can see the question has been answered, and there is a link to the wiki for further reading
There's also a tax calculator located here:
https://themadsword.github.io/hoh-taxcalc.html
Where you can put in numbers and various factors to see the tax amount.