Question about money and income

[unmerged(118154)]

I've noticed in the tech files that a lot of technologies result in increased income for various sections of your population.

What I'm wondering is, does this mean your people will earn more money? And if so, what are the implications? Do you have to pay them more?


For example, if the middle class income increased by 5, what does this mean?

 

[SeedSnatcher]

AFAIK, it means they earn X% more money. So their base income is modified by your techs. So, they get rich faster. You don't have to do a thing.

 

[unmerged(106891)]

Yeah, I also am lead to believe that it is a percentage increase on the base income.

 

[unmerged(37275)]

I would think so. Your POPs sell their goods on the world market, and that income then gets split between all your POPs (not sure on the formula). The change will mean that say middle POPs recieve 1% more of that income. Usually these are offset by another class losing 1% (so that the overall % doesnt change, but not always). You then tax the income, so you should see that POP class tax increase while another decreases (if there is a corresponding -% for a class). You dont pay your POPs anything, they pay themselves. You just tax it.

 

[JoeGiavani]

I would think so. Your POPs sell their goods on the world market, and that income then gets split between all your POPs (not sure on the formula). The change will mean that say middle POPs recieve 1% more of that income. Usually these are offset by another class losing 1% (so that the overall % doesnt change, but not always). You then tax the income, so you should see that POP class tax increase while another decreases (if there is a corresponding -% for a class). You dont pay your POPs anything, they pay themselves. You just tax it.

Wrong.
Techs that increase the income of different POP types only affect one POP type.
So if middle income is boosted by 2%, it means that everyone on middle income earns a bit more, but not at the expense of anyone else.

 

[unmerged(37275)]

I know, I mean that a number of the events state middle income increase by 1%, rich income decrease by 1% (most of the events I remember are like that, though there are one or two which are not). Hence why I said usually and it often levels out, though not always in brackets, indicating that this was not always the case.

It was not really relevant to the point I was making, and I see why it may have been confusing. Hopefully it is now clarified.

 

[Jingles]

I'm pretty sure that if income % increases for a certain type of POP(s), it doesn't necessarily decrease the income % for other types. I could be wrong though, I'll have to search for it.

 

[unmerged(37275)]

You are correct. OK, this is what I meant.

If an event changes a classes income, then that classes income changes by that %. Period. No other changes happen.

However, a lot of the events increase one class by 1% and decrease another class by 1%. Under those circumstances the effect would cancel out.

However, that would require equal division of wealth between POPs. I dont know for definite if that happens, so even under those circumstance it may be that an similtaneous increase/decrease does not equal out. Once the event fires, then things would be unequal, after that anymore events would not cancel out. So in effect, I was wrong from a mathmatical point of view.

 

[Jingles]

I agree with your first points, but I'm not sure about the equal wealth division. However, I may have misunderstood you, so I apologize if I have.

I think that if say a capitalist POP earned X amount, then the event increased income by 10%, then the the POP would then earn 1.10 * X income. So I guess I see it as just a multiplier after the fact, and thus not requiring any balancing effects at all.

 

[unmerged(118154)]

Well that's good to know then - so I assume that in the end, with all the commerce techs, you'll ultimately end up with all pops earning a much higher income over time.

 

[unmerged(37275)]

No, I am not sure about equal division of wealth. I was thinking more along the lines that of the 100% income, say poor get 33, middle get 33 and rich get 33 then a 1% change to poor would mean poor get 34 middle get 33 and rich get 33. But if the event says poor get + 1% and rich get - 1% then its 34, 33 and 32. As you say though, it is probably 1% of the 33% rather than 1% of the 100%, so it would not equal out (and the whole 33 33 33 is probably a wrong division of wealth, though all POPs share the money, even unemployed POPs).

Yes, your POPs should get richer. Though that would depend on the culmative positive and negative modifiers on their income, you could find one class is actually poorer by the end.