Budget of 2023

Proposed by Labour · Passed 13 Oct 2022

✅ Passed

Rationale

this proposal for year 2022/2023 aims to address unemployment and innequality

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 5%
Personal income tax: Medium earners 5%
Personal income tax: High earners 38% 42%
Personal income tax: Elite earners 42% 46%

Annual Spending

Category $ per capita Amount
Social Welfare $2,582 $2,790 $185.9bn $200.9bn
Retirement $2,097 $151.0bn
Healthcare $2,653 $2,778 $191.0bn $200.0bn
Education $1,819 $131.0bn
Housing $604 $1,396 $43.5bn $100.5bn
Justice, Police & Internal Security $751 $54.1bn
Defence $847 $694 $61.0bn $50.0bn
Environment & Climate $308 $22.2bn
Business Support $999 $1,124 $71.9bn $80.9bn
Arts, Culture & Media $625 $451 $45.0bn $32.5bn
Foreign Aid $0 $0.0bn
Roads & Highways $374 $498 $26.9bn $35.8bn
Public Transport & Rail $299 $398 $21.5bn $28.7bn
Energy Infrastructure $224 $299 $16.1bn $21.5bn
Ports & Airports $149 $199 $10.8bn $14.3bn
Total $1,031.9bn $1,123.4bn

Vote tally

House Of Commons

Passed
197Yes 21No 22Not voted 240 seats

For: 197 / 240 filled seats (82.1%) — needs 50.0%

Against: 21 · Abstained: 0 · Not voted: 22

Party Seats Vote
Classical Liberty 25 Not voted
Conservative Liberal Movement 21 No
Iron Pillars 21 Not voted
Labour Proposer 158 Yes
National Conservative 0 Not voted
Nationalist Future 26 Not voted
Populist 0 Not voted
Socialist Front 39 Yes
Technocratic Union 58 Not voted

House Of Representatives

Passed
32Yes 10No 6Not voted 48 seats

For: 32 / 48 filled seats (66.7%) — needs 50.0%

Against: 10 · Abstained: 0 · Not voted: 6

Party Seats Vote
Classical Liberty 0 Not voted
Conservative Liberal Movement 10 No
Iron Pillars 10 Not voted
Labour Proposer 16 Yes
National Conservative 0 Not voted
Nationalist Future 0 Not voted
Populist 0 Not voted
Socialist Front 16 Yes
Technocratic Union 17 Not voted

Voting record

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

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