Budget Surplus Increase Proposal

Proposed by Social Democratic Union · Passed 12 May 2018

✅ Passed

Rationale

Adjusts taxes and further reduces spending to increase the budget surplus and pay off debts faster.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 19%
Personal income tax: Medium earners 24% 23%
Personal income tax: High earners 28% 29%
Personal income tax: Elite earners 30% 32%

Annual Spending

Category $ per capita Amount
Social Welfare $1,035 $1,039.4bn
Retirement $2,957 $2,887 $2,970.0bn $2,900.0bn
Healthcare $2,369 $2,380.0bn
Education $1,593 $1,600.0bn
Housing $548 $550.0bn
Justice, Police & Internal Security $647 $649.6bn
Defence $747 $750.0bn
Environment & Climate $239 $240.0bn
Business Support $388 $389.8bn
Arts, Culture & Media $219 $220.0bn
Foreign Aid $199 $200.0bn
Roads & Highways $331 $332.1bn
Public Transport & Rail $265 $265.7bn
Energy Infrastructure $198 $199.3bn
Ports & Airports $132 $132.9bn
Total $11,918.8bn $11,848.8bn

Vote tally

Charter House

Passed
518Yes 0No 482Not voted 1000 seats

For: 518 / 1000 filled seats (51.8%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 482

Party Seats Vote
Democratic Liberty Coalition 812 Not voted
Ecologist Movement 0 Not voted
Good Governance Coalition 0 Not voted
Labour Alliance 0 Not voted
National Union Of Nova Artaris 0 Not voted
Progress Movement 188 Not voted
Social Democratic Union Proposer 518 Yes

Royal Ordinance Council

Passed
207Yes 0No 193Not voted 400 seats

For: 207 / 400 filled seats (51.8%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 193

Party Seats Vote
Democratic Liberty Coalition 288 Not voted
Ecologist Movement 0 Not voted
Good Governance Coalition 0 Not voted
Labour Alliance 0 Not voted
National Union Of Nova Artaris 0 Not voted
Progress Movement 0 Not voted
Social Democratic Union Proposer 207 Yes

Voting record

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

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