Tax Equilibrium Act

Proposed by Radical Republican Union · Passed 21 Feb 2021

✅ Passed

Rationale

Under the PU's rule, citizens of Drumagh have been crushed by extreme taxation, leaving them with nothing but rags. We propose that all active taxation policy be divided by half, so that the fiscal situation remains balanced. We shall keep refunding our IMF debt, but citizens shall not be spoiled of their goods anymore.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	80% 40%
Personal income tax: Medium earners	100% 50%
Personal income tax: High earners	100% 50%
Personal income tax: Elite earners	100% 50%

Annual Spending

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$256	$1,046	8.5%	$2.0bn
Retirement	$256	$1,951	8.5%	$2.0bn
Healthcare	$385	$2,397	12.8%	$3.0bn
Education	$308	$1,652	10.3%	$2.4bn
Housing	$385	$606	12.8%	$3.0bn
Justice, Police & Internal Security	$513	$683	17.1%	$4.0bn
Defence	$256	$831	8.5%	$2.0bn
Environment & Climate	$128	$241	4.3%	$1.0bn
Business Support	$256	$592	8.5%	$2.0bn
Arts, Culture & Media	$128	$258	4.3%	$1.0bn
Foreign Aid	$0	$70	0.0%	$0.0bn
Roads & Highways	$46	$386	1.5%	$0.4bn
Public Transport & Rail	$37	$309	1.2%	$0.3bn
Energy Infrastructure	$27	$234	0.9%	$0.2bn
Ports & Airports	$18	$157	0.6%	$0.1bn
Total			100.0%	$23.4bn

Vote tally

The People’s Assembly

Passed

104Yes 0No 52Not voted 156 seats

For: 104 / 156 filled seats (66.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 52

Party	Seats	Vote	Reason
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
Radical Republican Union Proposer	104	Yes	No reason given

First Council of Ministers

Passed

52Yes 0No 26Not voted 78 seats

For: 52 / 78 filled seats (66.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 26

Party	Seats	Vote	Reason
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
Radical Republican Union Proposer	52	Yes	No reason given

Voting record

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

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Current budget Budget history