Budget for the future

Proposed by Centrist Zone · Passed 28 Jan 2018

✅ Passed

Rationale

This will make taxes more progressive as well as increase funding on education, housing, infrastructure & transport and business.

Figures show the previous budget where they changed the new value.

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 25% 18%
Personal income tax: Medium earners 25%
Personal income tax: High earners 25% 40%
Personal income tax: Elite earners 25% 54%

Annual Spending

Category $ per capita Amount
Social Welfare $890 $786 $53.2bn $47.0bn
Retirement $3,114 $3,010 $186.2bn $180.0bn
Healthcare $2,224 $2,341 $133.0bn $140.0bn
Education $1,334 $1,405 $79.8bn $84.0bn
Housing $445 $502 $26.6bn $30.0bn
Justice, Police & Internal Security $555 $33.2bn
Defence $778 $46.5bn
Environment & Climate $222 $13.3bn
Business Support $333 $502 $19.9bn $30.0bn
Arts, Culture & Media $222 $172 $13.3bn $10.3bn
Foreign Aid $222 $156 $13.3bn $9.3bn
Roads & Highways $278 $299 $16.6bn $17.9bn
Public Transport & Rail $222 $239 $13.3bn $14.3bn
Energy Infrastructure $167 $179 $10.0bn $10.7bn
Ports & Airports $111 $119 $6.6bn $7.1bn
Total $664.8bn $673.6bn

Vote tally

Parliament

Failed
26Yes 0No 74Not voted 100 seats

For: 26 / 100 filled seats (26.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 74

Party Seats Vote
Avalon Commonwealth 9 Not voted
Cashmen 13 Not voted
Centrist Zone Proposer 26 Yes
Democratic Group 47 Not voted
Twin Avalon 2 Not voted

Voting record

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