Earning Money - Revision history

Deantwo: Fixed link.

2024-03-08T20:58:41Z

Fixed link.

← Older revision		Revision as of 20:58, 8 March 2024
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	Jobs pay extra for transporting [[commodities]] and [[passenger]]s to other cities, along with other types of jobs such as bounty hunting and pirate elimination.		Jobs pay extra for transporting [[commodities]] and [[passenger]]s to other cities, along with other types of jobs such as bounty hunting and pirate elimination.

	For more information, see the [[~~Jobs~~]] page.		For more information, see the [[Job]] page.

	===Loan===		===Loan===

Celarious: Restored

2024-03-05T09:58:08Z

Restored

← Older revision		Revision as of 09:58, 5 March 2024
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	~~{{Restoration}}~~		{{Warning\|Economy is not implemented for new-style cities yet, so all money minted is accessible to the player immediately. There are no citizen or government accounts currently.}}
	{{Warning\|Economy is not implemented for new-style cities yet, so all money minted is accessible to the player immediately. There is no citizen or government accounts currently.}}
	There are a number of ways to earn [[money]], be it either for the [[empire]]'s [[treasury]] or your personal wallet.		There are a number of ways to earn [[money]], be it either for the [[empire]]'s [[treasury]] or your personal wallet.

	==Minting==		==Minting==
	The first step in earning ~~government~~ money, is making the currency.		The first step in earning money is making the currency.

	The currency is gold bullion [[cronodollar]]s and they are made at a [[Machine_Shop\|machine shop]] or [[bank]] using [[~~metal]], [[magmium]], or [[vulcium~~]].		The currency is gold bullion [[cronodollar]]s and they are made at a [[Machine_Shop\|machine shop]] or [[bank]] using [[gold]]. There is no penalty for minting more bullion at once.

	~~All~~ the ~~produced bullion goes into~~ the ~~citizen accounts~~. ~~This distinction~~ is ~~important~~, ~~citizen money belongs to the city~~.		==Acquiring the money==
			===Withdrawal===
			The primary way of obtaining the money is simple - withdrawing it directly from any [[bank]]. All money in a city is immediately accessible to an [[avatar]] in its chain of command, with no consequence for withdrawing all of it.

	~~It can be argued that a lot of minting isn~~'t ~~required, but it is better~~ to ~~have a surplus in~~ the citizen accounts ~~than letting them go broke~~.		The following methods were more relevant back when it wasn't possible to withdraw the money directly, and there were separate ''citizen'' and ''government'' accounts. However, if one wishes to do a challenge run, they could still be used and are kept here for reference.

	~~Government money is then earned through [[tax]]ation of the citizen accounts.~~		===Taxation===
			One way for an [[empire]] to make money is through [[tax]]ation.
	==Taxation==
	~~The main~~ way for an [[empire]] to make money is through [[tax]]ation.

	Trading between [[cities]] is considered ''wholesale'', and as such is not taxed.		Trading between [[cities]] is considered ''wholesale'', and as such is not taxed.
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	===Fleet Tax===		===Fleet Tax===
	Fleet tax is a special ''sales tax'' that only apply to fleet spacecraft, ~~this tax~~ has no other purpose then taxing trade transactions made by fleet spacecraft.		Fleet tax is a special ''sales tax'' that only apply to fleet spacecraft, and has no other purpose then taxing trade transactions made by fleet spacecraft.

	The tax goes into the fleet spacecraft's tax account. Whenever a fleet spacecraft hails an empire city, the money in the tax account is transferred to the ~~government~~ account of that city.		The tax goes into the fleet spacecraft's tax account. Whenever a fleet spacecraft hails an empire city, the money in the tax account is transferred to the account of that city.

	Setting a high fleet tax is beneficial when using fleet spacecraft to accumulate income, since it minimizes the need to board the spacecraft and manually empty the ship account. Even a fleet tax of 100% can be useful for fleet harvester ships, but it would make all fleet trader ships go broke.		Setting a high fleet tax is beneficial when using fleet spacecraft to accumulate income, since it minimizes the need to board the spacecraft and manually empty the ship account. Even a fleet tax of 100% can be useful for fleet harvester ships, but it would make all fleet trader ships go broke.

	==Spacecraft Income==		===Spacecraft Income===
	It is possible to increase the government account income with the use of [[spacecraft]]. They can be automated using an [[officer]], making it a good alternative to taxation.		It is possible to increase the government account income with the use of [[spacecraft]]. They can be automated using an [[officer]], making it a good alternative to taxation.

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	Especially profitable for advanced and rare resources.		Especially profitable for advanced and rare resources.

			Historically, [[preon]] harvesting was the primary money-maker for empires.

	==Personal Wallet==		==Personal Wallet==
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	===Mayor's Money===		===Mayor's Money===
	Being in control of a [[city]] allows you to withdraw money from the city's ~~government~~ account directly into your own pocket.		Being in control of a [[city]] allows you to withdraw money from the city's account directly into your own pocket.

	===Worker Pay===		===Worker Pay===
	~~An [[empire]] can set [[reward]]s for certain actions, such as exploration and fighting enemies.~~		A small pay is issued for doing [[construction]] labor and running [[Manufacturing_Process\|manufacturing process]]es.

	A small pay is ~~also~~ issued for doing [[construction]] labor and running [[Manufacturing_Process\|manufacturing process]]es.

	The ~~rewards and~~ pay ~~accumulate~~ as [[Government_Debt\|government debt]], which can then be redeemed at a [[bank]].		The pay accumulates as [[Government_Debt\|government debt]], which can then be redeemed at a [[bank]].

	===Jobs===		===Jobs===
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	The loan is taken from the city's citizen account and does not need to be paid off, this makes it a wonderful way to get some starting cash.		The loan is taken from the city's citizen account and does not need to be paid off, this makes it a wonderful way to get some starting cash.

			The maximum amount of the loan is dependent on the [[avatar]]'s [[reputation]].

	[[Category:Guides]]		[[Category:Guides]]

Celarious: template

2024-03-04T02:27:57Z

template

← Older revision		Revision as of 02:27, 4 March 2024
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			{{Restoration}}
	{{Warning\|Economy is not implemented for new-style cities yet, so all money minted is accessible to the player immediately. There is no citizen or government accounts currently.}}		{{Warning\|Economy is not implemented for new-style cities yet, so all money minted is accessible to the player immediately. There is no citizen or government accounts currently.}}
	There are a number of ways to earn [[money]], be it either for the [[empire]]'s [[treasury]] or your personal wallet.		There are a number of ways to earn [[money]], be it either for the [[empire]]'s [[treasury]] or your personal wallet.

Deantwo: Added Template:Warning.

2019-12-26T00:27:41Z

Added Template:Warning.

← Older revision		Revision as of 00:27, 26 December 2019
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			{{Warning\|Economy is not implemented for new-style cities yet, so all money minted is accessible to the player immediately. There is no citizen or government accounts currently.}}
	There are a number of ways to earn [[money]], be it either for the [[empire]]'s [[treasury]] or your personal wallet.		There are a number of ways to earn [[money]], be it either for the [[empire]]'s [[treasury]] or your personal wallet.

Deantwo: /* Fleet Tax */ Typo.

2018-04-19T05:25:41Z

Fleet Tax: Typo.

← Older revision		Revision as of 05:25, 19 April 2018
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	The tax goes into the fleet spacecraft's tax account. Whenever a fleet spacecraft hails an empire city, the money in the tax account is transferred to the government account of that city.		The tax goes into the fleet spacecraft's tax account. Whenever a fleet spacecraft hails an empire city, the money in the tax account is transferred to the government account of that city.

	Setting a high fleet tax is beneficial when using fleet spacecraft to accumulate income, since it minimizes the need to board the spacecraft and manually empty the ship account. Even a fleet tax of 100% can be useful for fleet harvester ships, but ~~make~~ it would make all fleet trader ships go broke.		Setting a high fleet tax is beneficial when using fleet spacecraft to accumulate income, since it minimizes the need to board the spacecraft and manually empty the ship account. Even a fleet tax of 100% can be useful for fleet harvester ships, but it would make all fleet trader ships go broke.

	==Spacecraft Income==		==Spacecraft Income==

Deantwo: /* Passenger Transport */ Removed TL. Mentioned cryo-berths.

2017-11-21T11:29:16Z

Passenger Transport: Removed TL. Mentioned cryo-berths.

← Older revision		Revision as of 11:29, 21 November 2017
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	Using a spacecraft to transport [[passenger]]s between [[Solar_System\|solar system]]s is static income. It also moves citizen money from one [[city]] to another as the passengers bring along their belongings.		Using a spacecraft to transport [[passenger]]s between [[Solar_System\|solar system]]s is static income. It also moves citizen money from one [[city]] to another as the passengers bring along their belongings.

	The passenger capacity of a spacecraft is limited by its [[~~Tech_Level\|tech level~~]], making it not all that profitable at the lower ~~tech~~ levels.		The passenger capacity of a spacecraft is limited by its [[quality]] level, making it not all that profitable at the lower quality levels.

			Cryo-berth passengers do not have any money, so there is no money to be earned transporting them.

	{\| class="wikitable"		{\| class="wikitable"

Celarious: /* Fleet Tax */

2017-09-09T06:06:14Z

Fleet Tax

← Older revision		Revision as of 06:06, 9 September 2017
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	===Fleet Tax===		===Fleet Tax===
	Fleet ta is a special ''sales tax'' that only apply to fleet spacecraft, this tax has no other purpose then taxing trade transactions made by fleet spacecraft.		Fleet tax is a special ''sales tax'' that only apply to fleet spacecraft, this tax has no other purpose then taxing trade transactions made by fleet spacecraft.

	The tax goes into the fleet spacecraft's tax account. Whenever a fleet spacecraft hails an empire city, the money in the tax account is transferred to the government account of that city.		The tax goes into the fleet spacecraft's tax account. Whenever a fleet spacecraft hails an empire city, the money in the tax account is transferred to the government account of that city.

Deantwo: /* Worker Pay */ Added links.

2017-08-20T21:56:26Z

Worker Pay: Added links.

← Older revision		Revision as of 21:56, 20 August 2017
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	An [[empire]] can set [[reward]]s for certain actions, such as exploration and fighting enemies.		An [[empire]] can set [[reward]]s for certain actions, such as exploration and fighting enemies.

	A small pay is also issued for doing construction labor and running manufacturing ~~processes~~.		A small pay is also issued for doing [[construction]] labor and running [[Manufacturing_Process\|manufacturing process]]es.

	The rewards and pay accumulate as [[Government_Debt\|government debt]], which can then be redeemed at a [[bank]].		The rewards and pay accumulate as [[Government_Debt\|government debt]], which can then be redeemed at a [[bank]].

Deantwo: Updated information about taxes. Added table with passenger fares.

2017-08-19T14:28:04Z

Updated information about taxes. Added table with passenger fares.

← Older revision		Revision as of 14:28, 19 August 2017
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	==Minting==		==Minting==
	The first step in earning money, is making the currency.		The first step in earning government money, is making the currency.

	The currency is gold bullion [[cronodollar]]s and they are made at a [[Machine_Shop\|machine shop]] or [[bank]] using [[metal]], [[magmium]], or [[vulcium]].		The currency is gold bullion [[cronodollar]]s and they are made at a [[Machine_Shop\|machine shop]] or [[bank]] using [[metal]], [[magmium]], or [[vulcium]].

	All the produced bullion goes into the citizen accounts.		All the produced bullion goes into the citizen accounts. This distinction is important, citizen money belongs to the city.

	It can be argued that a lot of minting isn't required, but it is better to have a surplus in the citizen accounts than letting them go broke.		It can be argued that a lot of minting isn't required, but it is better to have a surplus in the citizen accounts than letting them go broke.
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	===Income Tax===		===Income Tax===
	Every [[City_Report\|city report cycle]] all [[citizen]]s are payed 25¢. This pay is then taxed by the income tax.		Every [[City_Report\|city report cycle]] all [[citizen]]s are payed 25¢. This pay is then taxed by the income tax.

			However, when a citizen is about to start a [[Manufacturing_Process\|manufacturing process]], there is a chance that it will not start the process that tick. Meaning that an income tax of 50% would essentially cut all production in half throughout the whole empire.

			It can be advantageous to set the income tax to 100% for a hour and then change it back.

			===Sales Tax===
			The wage left after income taxation is spent by the citizen population based on the sales tax. This is also done at the city report cycle.

			The optimal sales tax is 50%, that is where citizen spending and taxing is most profitable. But other [[avatar]]s in the empire and company [[spacecraft]] are also affected by sales tax, so a high sales tax can be undesired.

	===Fleet Tax===		===Fleet Tax===
	Fleet ~~tax~~ is ~~taken every time~~ a fleet [[spacecraft~~]] makes a~~ trade ~~transaction~~.		Fleet ta is a special ''sales tax'' that only apply to fleet spacecraft, this tax has no other purpose then taxing trade transactions made by fleet spacecraft.

	The tax goes into the spacecraft's tax account~~, then the~~ spacecraft hails an empire city, the the ~~ship~~ tax account is transferred to the government account of that city.		The tax goes into the fleet spacecraft's tax account. Whenever a fleet spacecraft hails an empire city, the money in the tax account is transferred to the government account of that city.

	Setting a high fleet tax is beneficial when using spacecraft to accumulate income, since it minimizes the need to board the spacecraft and manually empty the ship account. Even a fleet tax of 100% can be useful for harvester ships, but make it ~~difficult for~~ trader ships.		Setting a high fleet tax is beneficial when using fleet spacecraft to accumulate income, since it minimizes the need to board the spacecraft and manually empty the ship account. Even a fleet tax of 100% can be useful for fleet harvester ships, but make it would make all fleet trader ships go broke.

	==Spacecraft Income==		==Spacecraft Income==
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	===Passenger Transport===		===Passenger Transport===
	Using a spacecraft to transport [[passenger]]s between [[Solar_System\|solar system]]s is static income. It also moves money from one [[city]] to another as the passengers bring along their belongings.		Using a spacecraft to transport [[passenger]]s between [[Solar_System\|solar system]]s is static income. It also moves citizen money from one [[city]] to another as the passengers bring along their belongings.

	The passenger capacity of a spacecraft is limited by its [[Tech_Level\|tech level]], making it not all that profitable at the lower tech levels.		The passenger capacity of a spacecraft is limited by its [[Tech_Level\|tech level]], making it not all that profitable at the lower tech levels.

	Passenger fares:		{\| class="wikitable"
	* Same city~~, none~~		\|+ Passenger fares:
	* Same world, 9¢		\|-
	* Same system, 90¢		!
	* Other system, 900¢		! Third Class
			! Second Class
			! First Class
			\|-
			! Same city
			\| style="text-align:right;" \| 0¢
			\| style="text-align:right;" \| 0¢
			\| style="text-align:right;" \| 0¢
			\|-
			! Same world
			\| style="text-align:right;" \| 3¢
			\| style="text-align:right;" \| 6¢
			\| style="text-align:right;" \| 9¢
			\|-
			! Same system
			\| style="text-align:right;" \| 30¢
			\| style="text-align:right;" \| 60¢
			\| style="text-align:right;" \| 90¢
			\|-
			! Other system
			\| style="text-align:right;" \| 300¢
			\| style="text-align:right;" \| 600¢
			\| style="text-align:right;" \| 900¢
			\|}

	===Trading===		===Trading===

Deantwo: /* Minting */ Removed old reference about Minting being good for taxation.

2017-08-19T10:11:37Z

Minting: Removed old reference about Minting being good for taxation.

← Older revision		Revision as of 10:11, 19 August 2017
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	All the produced bullion goes into the citizen accounts.		All the produced bullion goes into the citizen accounts.

	It can be argued that a lot of minting isn't required, but it is better to have a surplus in the citizen accounts than letting them go broke. ~~The minting process~~ is ~~also the only production process that can always be run, this is because there is no limit to the citizen account balance, this makes it a good source for~~ [[tax]]ation.		It can be argued that a lot of minting isn't required, but it is better to have a surplus in the citizen accounts than letting them go broke.

			Government money is then earned through [[tax]]ation of the citizen accounts.

	==Taxation==		==Taxation==