Public Office of Former President Tmthforu94

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The surplus I’ve targeted to be around 100 billion but that isn’t a fiscal crisis.

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..which is why as of right now there's a negative income tax for those making $125,000 or less, and only those who make over $200,000 pay anything in effective income tax.

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My apologies, thanks for letting me know. I didn't know that Fremont went back and corrected the budget for the 2018 fiscal year, I had only seen amendments for next year. My assumption was based off the Wiki page for the 2018 budget, could you point me out to when this was amended?

Here is what we currently have for next year.

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Oh the 2018 budget has a tax rebate to combat for the high income tax rates (hell its on the wiki page you linked).

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Oh the 2018 budget has a tax rebate to combat for the high income tax rates (hell its on the wiki page you linked).

Ok? This  budget is still incredibly poorly thought out. You tax people excessively only to provide a tax credit and still end up with a surplus that is more than expenditures. The 2019 budget is on the right track, but still, I would easily argue that Lincoln and the South are both in far better budget shape and I'm surprised people aren't moving out of Fremont in exodus.

@Thumb21 I'd be open to Option 2, and I'm sure most of their residents would be!!!

I wasn’t even in this game when the 2018FY budget was passed but AFAIK those tax rates were in place just after the reset, and statistically speaking Fremont wasn’t very active then so little or no spending programs were passed (I cannot even find a 2017FY budget thread). As for the tax credits in the 2018 budget, they were added to avoid an even more massive surplus at the last moment, and considering they were greater than actual revenue collected by income taxes in FY2018 and what has been done so far in FY2019 in terms of largely cutting taxes, I’d say the last two fiscal years have alleviated the tax burden. If people were leaving Fremont, they would have left by 2018FY.

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Endorsed.