Search the Community
Showing results for tags 'osrs grand exchange'.
Found 1 result
How will the Grand Exchange Tax effect OSRS? Whats up everyone, today I wanted to talk about the effect that a Grand Exchange tax would have on OSRS. Jagex mentioned somewhat recently on a livestream about how a 1% GE tax would be the largest gold sink that OSRS has ever seen, bigger than the staking tax that is currently in place. Considering its potential as a strong gold sink for the game, i'm afraid Jagex might actually add this tax. Personally, i'm not the biggest fan of adding a 1% tax to every buy/sell offer on the Grand Exchange. Here are some things that would happen if a 1% tax was added: -Less items traded on the grand exchange (1% tax deters people from using the grand exchange as often, even if its only a small amount of peope). This drags down items traded per hour. -Margins for items will increase. Why? Since people now will have to pay a 1% tax on the trade, margins will set to automatically cover this tax overtime. While this will make margins bigger, it will not lead to more profits. -More scamming. If a tax was added, players would seek to trade with one another to achieve the best deal possible on an item. Because of this, there will be actual incentive to trade with random players, leading to possible scams. If a GE tax is added, I wouldn't be surprised to see more scamming occuring. I made a video explaining my viewpoints in further detail if you'd like to take a look: What do you guys think about Jagex statement towards implementing a GE tax? Do you think it would ever even pass a poll? Would be curious as to what other flippers/merchers think about this one.