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Taxation changes

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Sato
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Post: #1
Taxation changes

Noticed my taxes on capital increased and on acquisition decreased. Not sure what did it, but I'm curious for future reference. (Exemplar)

Last few reforms were Free land, Bank Reform I, and Pension Reform I; possibly any of these caused it?

(note: both taxes were low as I've been decreasing them to zero, so nothing major happened)

This post was last modified: 25.12.2017 16:01 by Sato.

25.12.2017 16:00
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TheLastShah
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Post: #2
RE: Taxation changes

In general: As long as you are not a premium user, it is hard to comprehend what exactly happened. Think about an upgrade to get access to the historical data.

Here the Pension Reform caused the increase in capital taxes and decrease in income taxes (have a look at my state Quin Na, Q53). This is due to the fact that insurance premiums (for pensions) are cut out of the income taxes, whilst capital taxes are increased to finance these cuts.


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25.12.2017 21:29
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Sato
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Post: #3
RE: Taxation changes

Thank you for the explanation, as you said the charts on your state show it was Pension reform. Thought it had to be one of the reforms while I failed to notice changes or possibly tasks caused it.

25.12.2017 22:40
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