Budget Renewal

Proposed by The Valmoirian Loyalist League · Passed 12 Apr 2019

✅ Passed

We need to cut the debt.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	18% 19%
Personal income tax: Medium earners	20% 21%
Personal income tax: High earners	23% 24%
Personal income tax: Elite earners	30% 31%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$882 $765	$1,045	7.1% 6.8%	$3.0bn $2.6bn
Retirement	$3,529 $2,941	$1,890	28.4% 26.0%	$12.0bn $10.0bn
Healthcare	$2,647	$2,389	21.3% 23.4%	$9.0bn
Education	$1,559 $1,471	$1,649	12.5% 13.0%	$5.3bn $5.0bn
Housing	$588	$603	4.7% 5.2%	$2.0bn
Justice, Police & Internal Security	$735 $824	$682	5.9% 7.3%	$2.5bn $2.8bn
Defence	$882	$831	7.1% 7.8%	$3.0bn
Environment & Climate	$147 $59	$235	1.2% 0.5%	$0.5bn $0.2bn
Business Support	$294 $235	$592	2.4% 2.1%	$1.0bn $0.8bn
Arts, Culture & Media	$294 $118	$255	2.4% 1.0%	$1.0bn $0.4bn
Foreign Aid	$0	$70	0.0%	$0.0bn
Roads & Highways	$315 $273	$385	2.5% 2.4%	$1.1bn $0.9bn
Public Transport & Rail	$252 $218	$305	2.0% 1.9%	$0.9bn $0.7bn
Energy Infrastructure	$164	$232	1.5%	$0.6bn
Ports & Airports	$109	$157	1.0%	$0.4bn
Total			100.0%	$42.3bn $38.4bn

Passed

68Yes 0No 34Not voted 102 seats

For: 68 / 102 filled seats (66.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 34

Party	Seats	Vote	Reason
Moderate Conservative Union	10	Not voted
Socialist Worker's Union	40	Not voted
The Radical Radicalist Excursion	22	Not voted
The Valmoirian Loyalist League Proposer	68	Yes	No reason given
Valmoire Worker`s Congres	30	Not voted

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