Lapsed

Cut income tax for elite earners

Issued by the voters of Saxenheim on Nov. 1, 2019.

Enough is enough—39% is highway robbery for our top earners, and we’re not standing for it anymore. Slash it down to 10% right now, because nothing kills ambition and drives away the job creators faster than punishing success with envy politics. The wealthiest should be rewarded for taking risks, not chased out of Saxenheim with ridiculous tax bills.

The numbers behind the demand

Previous
39%
Tax rate when demanded
Right now
39%
Current tax rate — not yet delivered
What voters want
≤ 10%
Cut the rate to no higher than 10%
Next election on 14 March 2025 (in 2 months).

Pledges (1)

Saxenheim Republic pledged Nov. 25, 2019
Off the hook

“Cutting income tax for elite earners from 39% to 10% immediately are big numbers as it would significantly impact our national economy. Instead we can reduce it gradually to 10%. Saxenheim Republic promises whole heartedly to the people that we would reduce the income tax for elite earners to 10% in our ruling period by looking forward in capital gain taxes, corporate tax and by rationalizing the government expenditure Long live Saxenheim”

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