Difference between revisions of "Treasury"
(→Tax Types: Removed weird note.)
(→Tax Types: Removed weird notes and clarified some things.)
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! Sales tax
! Sales tax
| Collected periodically from every [[city]] based on the income spent by its population. Sales tax is also collected on [[commodity]] sell transactions, such as when an [[avatar]] sells items at
| Collected periodically from every [[city]] based on the income spent by its population. Sales tax is also collected on [[commodity]] sell transactions, such as when an [[avatar]] sells items at [] or when sells cargo to cities.
! Fleet tax
! Fleet tax
| Collected when cargo is sold from a fleet [[spacecraft]]
| Collected when cargo is sold from a fleet [[spacecraft]].
Latest revision as of 06:33, 19 June 2022
| This section is in need of revision.
Please help improve it or discuss these issues on the talk page.
The reason given is: New information has been clarified.
Economy has changed. Minted money is accessible to the player immediately, there is no longer a separation between citizen and government money accounts.
Each empire that has an empire capital city maintains a treasury. The treasury grows through taxation. The treasury shrinks by paying out rewards and by conducting research and development. An empire with no capital city does not accumulate a treasury.
|Income tax||Collected on all income earned by citizens employed in empire cities. Each employed citizen earns 25¢ per city report period. Income tax is also collected on rewards paid out to avatars, at the time the debt is redeemed.|
|Sales tax||Collected periodically from every city based on the income spent by its population. Sales tax is also collected on commodity sell transactions, such as when an avatar sells items at a building or when a company-owned spacecraft sells cargo to cities.|
|Fleet tax||Collected when cargo is sold from a fleet spacecraft.|
Income Tax Penalty
The higher the Income Tax the less citizens want to work. Each time a citizen is about to fetch commodities, run a manufacturing job, or do construction work, the citizen takes a moment to decide if working is worth its time.
This is calculated simply by the income tax percentage. If the income tax is 10%, there is a 10% chance a job won't be run. This means that if the income tax is 50%, all manufacturing jobs may only be run every second time, cutting all production in half.
See the Capital City page for more information.
If the empire is a vassal or an ally of another empire, a portion of the empire capital city's government account may be sent to the overload or ally.
See the Political Stance page for information on taxing other empires.
For more information, see the City Conquest page.
Members of an empire earn pay for doing labpr, a debt is accrued to them by their empire. This debt is collected by visiting a bank that is owned by the empire. There the debt can be redeemed for cronodollars if the bank has the money in its government account. Income tax is collected off debt when it is redeemed, at the current income tax rate of the empire.
For more information, see the Government Debt page.