2029 Taxes & Explanation

Lilsisterg asked some questions on how I collect taxes and how the money is used.

I haven’t done taxes in a long time, but have been meaning to get back to it, so thank you lilsisterg for the push! 🙂

Credit for me doing taxes would go to Shana at Pine Hollow, who explained it on her website, many real life years ago. I likely gleaned inspiration from Carla & Starr as well because they are so inspirational to me.

When collecting taxes and fees how do you do it and where does the money go?

The money goes to the very first mayor, Mayor Steele, who is the treasurer now. Why? Because I don’t play him at all, (Marta’s Dad for readers), so the money is easy to keep separated.

I have given it the current Mayor in the past, then had them put it in a savings account with Monique’s computer. I found that I would have money leftover after their terms, and it required more house loading than I enjoyed to transfer the money.

As for the how…

I write down each household, separated by city, and then go through the hood screen, writing down their net worth. Which is $67,276 for Nicole and Finn McCarthy.

After I write down everyone’s, I go through each, and give them their eligible deductibles.

Finn & Nicole McCarthy
networth- 67,276
5% tax rate, they owe $3364
$1000 marriage credit
$500 child-credit
$1500 Biz Owner
total owe – $364 (which would have to be rounded up for Monique’s PC)

Here is all of Millwood’s taxes. Green highlights mean they are receiving money back from the government. Yellow highlight means they are renters.

I wasn’t taxing renters previously, but have decided to do so again. I have also dropped my tax rate from the old 10% & 15% to 5% & 10%. I felt that it was taking too much money from my sims, and that I could ether lower the percentage or spread out how frequently I do taxes. I may change it back later, perhaps Mayor Kenzie Goss is just giving a lower rate to encourage growth, and the next Mayor will raise them. 😉

I visit each household, and have them send the money to Treasurer Steele with the PC, and that’s it.

If you want to account for your townies, you can take your total amount and just double it, then cheat that money into your Mayor or Treasurer’s account.

How do you deduct the money used for building infrastructure.

I mostly use the money for the Mayor’s Project. Example: Bekah Grimsley’s Aquarium, or Kenzie Goss’ Rec Center. Those were their platforms to get elected. I just build to my hearts content, and then check the price on the hood screen. I round the number to an even amount, and then have Treasurer Steele donate that money with Monique’s PC.

Let me know if you have further questions!

———————–
Breakdown of 2029 Taxes

Total Taxes Collected – $281,881

Child Credits Given – 62
Marriage Credits Given – 35
Business Credits – 14

Households Taxed – 58

Mean Household Worth
Millwood – $103,437
South Port – $71,847

Largest Rebate: Cesar Gonzales – $2,585

Richest Playable Households:
Cole London – $578,481
Violet-Adele McCarthy & Etienne Bernard – 318,400
Jude & Hazel Woodfolk – $204,603

Poorest Playable Households: (excluding renters)
Emma & Chris Holmes – 39,314
Peter & Elise Schehl – 31,684
Nadia & Luca Browning – 30,260


Notes: Since the last time I did taxes, there are quite a few new households on the richest/poorest lists. I don’t expect Peter & Elise to remain on the poorest list for too long, they are a bit house poor at the moment though. The richest list is entirely new excluding Cole London, who became exceedingly rich now that his Mom’s assets and sold business money is combined with his.

If I included renters, Isaac and Lauren Gavigan would be the poorest with $344.

Thanks for reading!

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5 thoughts on “2029 Taxes & Explanation

    1. I like to keep the taxes simple! I love this kind of geeky work, when I do tally for GS cookies, I’m like in my element! So taxes are fun, but I don’t want to push it into an unfun zone. Yes Isaac and Lauren are beyond broke… Thanks for commenting Shannon!

  1. Very cool! This is pretty similar to how I do my taxes…or how I did my taxes. I’ve been super slack with it since my rebuild but you’ve inspired me to get back into it. After Noah and Brigit’s wedding, the tax collector is coming back to Sullivan. 😉

    1. Excited to see how your sims fall in with their tax bracket when you get back to it. I’ve been lax too, but really excited that lilsisterg asked, because it was fun to get back into it! Now if I could just get that Rec Center built… sigh. Thanks for commenting Carla!

  2. This is an interesting read! I’ve been thinking about giving my taxes a do-over. I don’t totally love how bills are delivered in TS4 (approximately every Monday, but not at any exact time or even day) because I don’t play my households evenly and it’s a pain to make sure everyone gets a chance to pay. So I need to think of something new.

    I can’t even remember what, if any, bills were delivered in TS2? Do they get bills in the mail? They were kind of small though, weren’t they? Because TS4 bills are much much higher, more like taxes size.

    I charge for my community lot builds about the same way too!

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