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hoarding tax

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278513.37 in reply to 278513.36
Date: 4/26/2016 11:16:52 AM
Overall Posts Rated:
346346
It sounds like the tax is working to me. How exactly does it work though? Surely its not 100% of cash over 25mill?

This Post:
00
278513.38 in reply to 278513.37
Date: 4/26/2016 11:21:10 AM
Overall Posts Rated:
288288
From the Season Announcements
Starting at the all-star break all teams in possession of over twenty-five million dollars will receive a weekly 10% tax to every dollar above the 25M mark.


So I would say that if you have 26M then you are taxed $100k, if you have 27M, you are taxed $200k, and so on. If you have 50M, you would get taxed 2.5M.

I have 1757 players for sale and I'm $25,835,360 in debt. Buy them at outrageous prices, or be selfish and make me go bankrupt. You decide, BB.
This Post:
00
278513.39 in reply to 278513.1
Date: 4/26/2016 1:55:03 PM
Le Cotiche
III.1
Overall Posts Rated:
777777
what's with this new tax??? Already cost me 2.5 millions in the last two weeks.(which is more than i make in a season).How am i to build up a financial healthy team if i'm not allowed to build up wealth so when the time comes and i have all high wages players and not to worry to go bankrupt in a season.
Am i the only one who thinks this is bullshit and how do the others who have this cope with it....This is a serious deal breaker i set up this long term goal and now an effort of years is just wiped away...Will see how this evolves a bit but else i'm quitting.



i feel so sorry for you

This Post:
11
278513.40 in reply to 278513.39
Date: 4/26/2016 3:06:02 PM
Overall Posts Rated:
621621
I was against the tax at the beginning, and thought it should go up gradually. Anyway, I've gotten used to it now. Had to change my long term plans, but no problem, the game is fun either way.

Hard cap is harsh, still think soft cap would be better, but this still makes the field more even.

You can still have more than 25 mil in assets, but you have manage players/cash balance.

This Post:
00
278513.41 in reply to 278513.38
Date: 4/26/2016 3:55:31 PM
Overall Posts Rated:
346346
Oh ok, so given that there is now a point when the tax takes more than a team can earn every week then there is effectively a hard cap in place.