I noticed on my nation's message thing, the average income tax rate has risen. Now it's all the way up to 100%. Is this a good thing? Higher the better?
In the real world if the Govt. charged 100% income Tax. Nobody would work or at the most very few people would work because at 100% all your hard earned cash goes to the government. And yes i do mean all of it. Stupid Govt. :mad: Does that answer your question. If it doesn't heres the short answer that was given to you when you created a nation. Your nation can be as Utopianized or Iron Fist as you want it to be. It doesn't matter what other people belive. If you want all you workers money to come to your Govt. then 100% just fine. If you wanna be somewhat democracy like 100% not good at all. I'll give you this as food for thought for people in the United states making $21,601 - $58,000 (per year) the government can tax up to: $2,652 plus 30 cents for each $1 over $21,600, which is roughly 12%.
an income tax og 100% would be pretty good if u were the leader of a dictatorship....
AS you cannot win in this game, it is neither a good thing nor is it a bad thing. IT just means that your governement is highly socialized. Deepending on whther or not you want a high income tax, it can be a good thing, but if you don't, it is bad.
Im guessing that you just wound up supporting all the things that increased government services, at the price of hgher taxes. This would mean that your taxes are now abomindably high.
I have a flat tax that i accidentally got when i let companies fire employees at will. how do i get rid of a flat tax. i'm a NY Times Dem and i still have a flat tax. and if i do will my taxes go down?