The Highest Tax Rate Ever - 65.7%

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(Edited)

You have to pay tax to the government, it would be deducted from your income, that's the income tax. We give tax whenever we buy something. Tax is everywhere. And you will find the relationship with tax, no matter where you go.

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Sometimes you see kids are playing different interesting games. Maybe you also used to play this kind of game when you were a kid. Someone pretends to be a shopkeeper and someone becomes a customer. And then the customer buys goods from the shopkeeper. Kids play different games like this.

dCity is an interesting game where you go through different stages. We see and think in different ways based on the situation we are in. When the tax rate was the lowest, we got the highest SIM income. We were very happy back then. Now the picture is different. We see the highest tax rate. Now the tax rate is 65.7%. Last night what I saw, it was like 70.7%. ;)

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When you build a city, most people focus on SIM income. You do not have to compete to get SIM like you have to do when you focus on getting HIVE rewards. The factor that affects your SIM income, that's the tax. As you see SIM price goes down, the tax rate keeps increasing.

The market price of cards also changes. I think you can get some good cards at a low price at this time. So you can look for it if you want to grow your city. When the tax rate is low and SIM price is high (close to or above 0.005 HIVE), cards price in the market is also high.

Even if you decide to buy cards from the market, you might not get cards at a reasonable price. I don't know how you felt a couple of weeks ago when the cards price was high, but I could not buy some cards because it was overpriced.

So what would you do in this situation? Please feel free to leave your comments in the comment section. Thank you so much for reading this post. By the way, what I wrote in this post, that's my thought. Of course, this is not financial advice. Do your own analysis and research before making any decision.

Have fun and play!

Source: 1.



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Hi, I am Rezoanul Vibes. I'm a content creator and passionate learner. I write about lifestyle, martial arts, finance, and digital marketing. You can visit my website rezoanulvibes.com. I'm glad to meet amazing people all over the world.

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11 comments
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Even if you decide to buy cards from the market, you might not get cards at a reasonable price.

This is one of reason that I maintain balance of 10K SIM, it give me holding rewards and stash of SIM to buy cards if they are cheap.

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Pretty good. Sometimes you see the card price is low, but you don't have the balance ready to buy. Maybe you have crypto in somewhere else, the moment you take to bring crypto on Hive blockchain, the cards might be sold out. It happened to me once.

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I wish there were an alternative!

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I see you have a nice city. Have patience, it will change.

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I see you have a nice city.

😉🙄😏😥

I was trying to invest. but now paused for the time being. I will buy a few cards using the SIM I am getting daily. Not going to spend my hives, not at least until the taxes return back to the normal level.

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