1. What does sales tax do?
2. What does unemployment tax do?
3. What does property tax do?
4. What does pension tax do?
I know what the effects of the other taxes are. E.g. lowering corporate and small business taxes means more passive GDP/c growth and more passive unemployment decline, and lower taxes for the lower class means more demand for goods/resources and vice versa. But what about the aforementioned four taxes? What are their effects on the games economy? And what the hell is an unemployment tax even?
Sales, unemployment, property and pension tax: What do they do?
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Re: Sales, unemployment, property and pension tax: What do they do?
According to the "The booklet of Economics" written by Mastru' Buddellu, the Uneployment, Property and Pension taxes do not change much gameplay wise, the only thing they do is drastically changing the DAR (Domestic Approval Rate).
Basically, they're there so you decrease those taxes during times of election, thus increasing greatly your domestic approval.
Sales tax will decrease the people's demand for products, since they will have less money to spend with.
Also, you will retain a bit of everyone's income, so the bigger your population is, the bigger your Sales Tax revenue will be. But it will decrease the GDP.
Basically, they're there so you decrease those taxes during times of election, thus increasing greatly your domestic approval.
Sales tax will decrease the people's demand for products, since they will have less money to spend with.
Also, you will retain a bit of everyone's income, so the bigger your population is, the bigger your Sales Tax revenue will be. But it will decrease the GDP.