Debt reduction

Proposed by Revolutionary Maoist Communist Front · Passed 28 Dec 2021

✅ Passed

Rationale

We must reduce our debt and therefore adopt a rigorous fiscal and budgetary policy, which some would even call extreme!

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 40% 90%
Personal income tax: Medium earners 45% 90%
Personal income tax: High earners 57% 90%
Personal income tax: Elite earners 50% 90%

Annual Spending

Category $ per capita Amount
Social Welfare $256 $321 $2.0bn $2.5bn
Retirement $192 $321 $1.5bn $2.5bn
Healthcare $321 $2.5bn
Education $385 $641 $3.0bn $5.0bn
Housing $192 $321 $1.5bn $2.5bn
Justice, Police & Internal Security $321 $2.5bn
Defence $103 $0 $0.8bn $0.0bn
Environment & Climate $103 $0 $0.8bn $0.0bn
Business Support $449 $641 $3.5bn $5.0bn
Arts, Culture & Media $26 $0 $0.2bn $0.0bn
Foreign Aid $0 $0.0bn
Roads & Highways $92 $114 $0.7bn $0.9bn
Public Transport & Rail $73 $92 $0.6bn $0.7bn
Energy Infrastructure $55 $69 $0.4bn $0.5bn
Ports & Airports $37 $46 $0.3bn $0.4bn
Total $20.3bn $25.0bn

Vote tally

The People’s Assembly

Passed
108Yes 0No 92Not voted 200 seats

For: 108 / 200 filled seats (54.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 92

Party Seats Vote
Centralist Unity 38 Not voted
Distributists 20 Not voted
Freedom Alliance 22 Not voted
Frente De Izquierda Y Trabajadores 4 Not voted
New Morning Movement 58 Not voted
Progressive Democratic Union 58 Not voted
Revolutionary Maoist Communist Front Proposer 84 Yes
The United Workers Front 24 Yes

First Council of Ministers

Passed
54Yes 0No 46Not voted 100 seats

For: 54 / 100 filled seats (54.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 46

Party Seats Vote
Centralist Unity 19 Not voted
Distributists 10 Not voted
Freedom Alliance 11 Not voted
Frente De Izquierda Y Trabajadores 2 Not voted
New Morning Movement 29 Not voted
Progressive Democratic Union 29 Not voted
Revolutionary Maoist Communist Front Proposer 42 Yes
The United Workers Front 12 Yes

Voting record

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

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