L.C. 9.9 - Lincoln Budget Fiscal 2021 (user search)
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  L.C. 9.9 - Lincoln Budget Fiscal 2021 (search mode)
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Author Topic: L.C. 9.9 - Lincoln Budget Fiscal 2021  (Read 4511 times)
Deep Dixieland Senator, Muad'dib (OSR MSR)
Muaddib
Sr. Member
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Posts: 3,053
Australia


« on: December 15, 2020, 05:07:21 AM »

Good to see that we are out of the red, but there are bills with additional spending to score, which might put us back in there. I still prefer my amendment given that, but we should wait for those bills to be scored.

...my bill to give tax cuts by making the poor, pay their fairshare.


Quote from: Tax Reform Act
The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 5%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
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