Economic Boost Budget

Proposed by National Conservative Movement · Passed 16 May 2024

✅ Passed

Rationale

The tax cuts for the low earners are currently needet, so is the Buisness Support that we economy can relief!

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 15% 10%
Personal income tax: Medium earners 26% 25%
Personal income tax: High earners 35% 39%
Personal income tax: Elite earners 35% 39%

Annual Spending

Category $ per capita Amount
Social Welfare $1,171 $70.0bn
Retirement $2,291 $137.0bn
Healthcare $2,508 $2,513 $150.0bn $150.3bn
Education $2,007 $120.0bn
Housing $669 $40.0bn
Justice, Police & Internal Security $339 $661 $20.3bn $39.5bn
Defence $391 $23.4bn
Environment & Climate $219 $209 $13.1bn $12.5bn
Business Support $635 $669 $38.0bn $40.0bn
Arts, Culture & Media $169 $10.1bn
Foreign Aid $54 $50 $3.2bn $3.0bn
Roads & Highways $299 $17.9bn
Public Transport & Rail $239 $14.3bn
Energy Infrastructure $180 $10.7bn
Ports & Airports $120 $7.2bn
Total $675.2bn $695.9bn

Vote tally

Parliament

Passed
51Yes 0No 49Not voted 100 seats

For: 51 / 100 filled seats (51.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 49

Party Seats Vote
Avalon Commonwealth 9 Not voted
Cashmen 8 Yes
Centrist Zone 10 Yes
Democratic Group 47 Not voted
National Conservative Movement Proposer 25 Yes
Twin Avalon 2 Not voted
Unionist Avalon 8 Yes

Voting record

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

Cashmen
Voted April 9, 2024
Yes

“We will support this budget”

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