Budget of Costavela

Tax, spending, and the annual surplus or deficit they produce.

πŸ—³οΈ A budget vote is currently open

β€œBudget for Retirees” proposed by Revolutionary Socialist Union. A new budget can't be proposed until this vote resolves.

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Annual Budget

National debt decreases by $3.8bn a year ($0.3bn a month)

Annual Taxes

Earning band Tax rate Tax take
Personal income tax: Low earners 18% $55.6bn
Personal income tax: Medium earners 23% $177.3bn
Personal income tax: High earners 35% $340.6bn
Personal income tax: Elite earners 38% $97.2bn
Total $670.6bn
Decision income: Digital services levy $39.6bn
Total after exceptional items $710.2bn

Annual Spending

Category % of budget Budget
Social Welfare 9.3% $50.0bn
Retirement 17.1% $91.5bn
Healthcare 20.9% $112.0bn
Education 14.4% $77.0bn
Housing 5.2% $28.0bn
Justice, Police & Internal Security 6.0% $32.0bn
Defence 7.5% $40.0bn
Environment & Climate 2.4% $13.0bn
Business Support 5.2% $28.0bn
Arts, Culture & Media 2.1% $11.0bn
Foreign Aid 0.8% $4.0bn
Roads & Highways 3.4% $18.0bn
Public Transport & Rail 2.7% $14.3bn
Energy Infrastructure 2.0% $10.7bn
Ports & Airports 1.3% $7.2bn
Total Budgeted Spending 100.0% $536.7bn
Budget as a % of tax take 80.0%

Tax and Spend Flows

How tax, interest, and borrowing feed spending categories β€” hover a bar for the annual figure.

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