Deficit Reduction Budget

Proposed by Left Alliance · Passed 28 Jan 2020

✅ Passed

Rationale

We aim to reduce deficit without penalizing low income citizens

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 15%
Personal income tax: Medium earners 25% 26%
Personal income tax: High earners 40% 42%
Personal income tax: Elite earners 45%

Annual Spending

Category $ per capita Amount
Social Welfare $836 $50.0bn
Retirement $2,676 $160.0bn
Healthcare $2,508 $150.0bn
Education $1,672 $100.0bn
Housing $669 $40.0bn
Justice, Police & Internal Security $505 $672 $30.2bn $40.2bn
Defence $677 $644 $40.5bn $38.5bn
Environment & Climate $222 $13.3bn
Business Support $502 $468 $30.0bn $28.0bn
Arts, Culture & Media $172 $10.3bn
Foreign Aid $72 $55 $4.3bn $3.3bn
Roads & Highways $370 $364 $22.1bn $21.8bn
Public Transport & Rail $296 $291 $17.7bn $17.4bn
Energy Infrastructure $222 $219 $13.3bn $13.1bn
Ports & Airports $148 $146 $8.9bn $8.7bn
Total $690.6bn $694.6bn

Vote tally

Parliament

Passed
41Yes 1No 37Not voted 79 seats

For: 41 / 79 filled seats (51.9%) — needs 50.0%

Against: 1 · Abstained: 0 · Not voted: 37

Party Seats Vote
Avalon Commonwealth 9 Not voted
Cashmen 13 Not voted
Centrist Zone 29 Not voted
Democratic Group 10 Yes
Independent Freeholder League 1 No
Left Alliance Proposer 20 Yes
The Gaia Syndicate 11 Yes
Twin Avalon 2 Not voted

Voting record

Every vote must state a public reason. Most recent first.

The Gaia Syndicate
Voted Jan. 28, 2020
Yes

“as the medium and high earners can take more tax, whilst allowing low income to grow. Just wish that at some point we can increase welfare spending”

Yes

“It is imperative that we tackle the economic deficit, and our coalition's budget goes a long way to achieving this.”

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