What are these Income Dips?

What are these Income Dips? - Rolled 20 U.s Dollar Bill

Every once in a while, my city income dips from like $1,250 to $32 Dollars P/H. Then people get mad for high taxes, and move out... What is this, Why is this, and how to stop it?



Best Answer

If you have high taxes people move out. If people move out you collect less from taxes (of course).

This explains the income variation.

You need to balance happiness with taxes. You can raise them for a while in crisis then lower them back. I've noticed that you can go to 12% for poor, 11% for medium and 10% for rich and not suffer major penalties.

In order to progress, I suggest not using taxes as your main income. For example you could rely on industry and export. The income from taxes may go negative, but the exports compensate.

The worst thing that can actually happen to you is for all the people to leave (this will lead to high crime rate, fires, abandoned buildings etc.), so you should take care of that.




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What is dip income?

DIP. Difference - in - Pay.

What are the dips?

Key Takeaways. Buying the dips refers to going long an asset or security after its price has experienced a short-term decline, in repeated fashion. Buying the dips can be profitable in long-term uptrends, but unprofitable or tougher during secular downtrends.

What are spikes and dips?

USFD has the ability to track these spikes and dips, which we define as months where income or expenses are 25 percent above or below a household's average. As shown in chart 2.9, we find that households experienced an average of 2 income spikes and 2 spending spikes during the study year.

What is dip in stock market?

Dip. Slight drop in securities prices after a sustained uptrend. Analysts often advise investors to buy on dips, meaning to buy when a price is momentarily weak.



Benefits of DIPS




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