Taxes 100+, some bad event every day if not two, yeah... it is hard to make anything. If it weren't for war shares I'd be earning next to nothing.
As to is it bad for the game, well, I used to reinvest nearly everything I made, but I haven't re-invested anything in a long time and I'm sure there are many like me. So yeah, I think it is hurting the game.
RE: My thoughts on @jelly13 tax policy and why it's so wrong.