Question about taxes

[Hetfield 0]

This is my tax rate for the three zones: Low wealth: 8% Medium wealth: 9% High wealth: 10% Is it ok? Should I charge more? How much do you charge?

[politicman 1]

Me I charge 7% for all wealth

[tungston 19]

I use the default taxe rates, except for setting the ID at 20% before stating the city, this keeps dirty industry from growing. Sometimes I set the IHT at a lower figure to incourage development.

Caution: Indiscriminte adjustments of taxes can cause chaos.

[c37786870 0]

I think it will depend on your economics' development. Actually, for me, I will charge them higher taxes, when they need more office spaces and some mall spaces. When they lost their job or someone could not find a job easily. I will charge them lower taxes. In my opinion, you have a good balance between poor and rich people. I wish you could put more public facilities or advanced neighbourhood or advanced road condition around your wealth areas.

[A Nonny Moose 8,261]

Taxes are the ultimate policy instrument.  Lower them to attract, but not too low.  Raise them to repel, but if you go to the max, 20%, you will inhibit, as Tungston says.

As I want demand for I-D and I-M to diminish as the city ages, I set the tax rates for these higher as time passes.  Up 20 basis points for each year for I-D, up 10 basis points for I-M per year.

Before you ask, there are 100 Basis points in a point (1%).  Isn't financial jargon wonderful?

[winonanick 0]

I tinker all the time, budget balancing, growth encouraging. I generally keep R$ and R$$ with a point (0.1) or two of each other, while R$$$ (0.5 - 1.5) above R$$. I slide up and down as needed. I generally follow the rule of thumb, 9% is demand neutral.

I keep cs$ and cs$$ in the 7's and raise the others higher.

Industry I do what other do.

I generally try to encourage $$ to grow the most, it creates the most stability, the $ and $$$ are do erratic and cause wild swings in your cities growth.

[SnappedManX6 2]

I keep taxes at 7% for all $, 8% for $$, and 9.5-9.7 for $$$. I also tax the heck out of I-D and I-M.

[Cob92 360]

Why does everyone like to put higher taxes on $$$? They don't cause any trouble in the city. Personally, I tax everyone at 9%, except I-D and I-M. Their taxes are dependent on which city I'm playing.

[bbfan02 23]

I just keep everything on 7.0 until I am making money, and then I change everything around if one aspect isnt coming in.

[rodent1989 9]

In young cities I'll subsidize IHT completely by letting them live for free (0%) then after thousands of IHT businesses have set up shop, I'll raise their tax rates to about 6% to slow down the growth without completely eliminating demand.  I'll also tax CS$ about 13% because its virtually impossible to ever satisfy all the demand for CS$, you'll make tons of money by taxing it hard.

[KLB 0]

I suspect, but have no proof that SimCity is programmed with some kind of curve for the affect tax rates have on demand. At both ends of the scale there are (or at least should be) points of diminishing returns. For me the sweet spot for CS zones seems to be around 9%-9.5%. For CO zones I will start off at around 9% - 10% while I'm desperate for tax revenues, but will eventually drop to around 5.5%. I've have found very little change in demand for CO tax rates below 5%. In the beginning of a city I will keep residential tax rates around 10% and then as a city becomes stronger I will slowly lower these rates to around 7.5% - 8.5%. With industry I run HT at around 9%-9.5%, anything higher will drive high tech away really fast. I run manufacturing at around 10%. I will sometimes drop manufacturing tax rates to around 9.5% if I need to spur development. Like others, I used to run dirty industry at around 20% to keep them out, but I've discovered dirty industry actually seems to have a higher job density than other industry types. One of my small grid cities actually maxed out at around 36,000 sims under a super clean high tech only industry mix. As an experiment I raised the HT tax rate to 14% and lowered the dirty industry tax rate to 9%. There was a few years of turbulence as the city shifted from a high wealth population to having more lower wealth sims, but the population did break the 36,000 sim barrier and climbed to over 50,000 sims although it was a very dirty and polluted city. I have now started to try and encourage a better mix of industries in my cities.

[crazyyaya 4]

Your tax rate really depends on the city you want to build. It's your decision. I get the feeling you just want everything to grow, right? Well if I'm right, then you might want to lower your high wealth tax and maybe your medium wealth tax. you can also tell if your tax rate is too high if your demand starts to decline. You always have to keep a healthy balance. Also keep in mind that you might be able to squeeze a couple more bucks out of your sims if you keep desirablilty high.

[bbfan02 23]

I start out with all my residential the default and I put the dirty and manufacturing both at 20% and I put high-tech on 6%.

[RichardMH 0]

Ive put 8,2 for IHT, 7,5 for IM and 6,9 for DI - mainly because they are my favorite numbers

Havent fixed the taxes for R or C yet..