Guild Wars 2

The hidden 10% tax (on top of the 5% listing fee) sellers pay when they list an item to sell… can some explain to me or link me to where is is protecting the market? I assume there is a reason.

gold sink

Basically, runaway inflation is bad for the economy as inflation means players have trouble affording stuff. Inflation happens when the amount of gold being created is greater than the rate that it’s being destroyed by gold sinks.

Most goldsinks eat gold at a fixed rate. If that’s lower than the rate of gold creation, you have inflation. If it’s equal or greater than the rate of gold creation, people can’t make gold, so they avoid the gold sinks until inflation is happening. If the sinks can’t be avoided, people quit the game.
The trading post tax is an exception because, as inflation happens, prices rise. That means the tax eats more gold, slowing inflation. Then it reaches a point where it’s eating more gold than is being produced, so you have deflation and prices dropping. Thus leaving you with the overall price level cycling around a stable point.
The exact rate controls where that point is, so ANET thinks 15% produces the result they want.

As for the sales tax being hidden ?
There is no excuse for that.

It’s not hidden. It shows when you’re selling something next to listen fee “Projected Profit” or something like that

Grok Krog.9581:

It’s not hidden. It shows when you’re selling something next to listen fee “Projected Profit” or something like that

A smart individual would expect profit to include all expenses. Thus they would expect ‘projected profit’ to include the listing fee when it doesn’t. So there is still the 5% difference that isn’t included.

I agree with the tax and listing fee, but yeah they need to more clearly list it. As it is, it does NOT show the 10% in the projected profit, not from what I’ve seen anyway. The set limit for taxing was a good idea and an effective gold sink that keeps greed players from running the market into the ground just to monopolize their wealth.

I can see where one might get confused about projected profit. As it is the amount you get in the pickup tab when the transaction completes. The player is left to deduct the amount of the listing fee since it is paid up front to make sure they aren’t listing the item too low. So perhaps the projected profit should reflect both fees. I just never really occurred to me since I quickly deduct the amount out.