The National Fiscal Realignment and Growth Act of 2018

· Passed 31 May 2018

✅ Passed

Rationale

This budget introduces a progressive taxation model aligned with global peer averages to eliminate our structural deficit and protect Javosca's AAA credit rating. By providing a major tax break to low earners, we support our core working demographics, while the redirected funds into infrastructure will directly combat unemployment and create a sustainable surplus to fund upcoming healthcare and educational modernizations.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 25% 21%
Personal income tax: Medium earners 25%
Personal income tax: High earners 25% 29%
Personal income tax: Elite earners 25% 34%

Annual Spending

Category $ per capita Amount
Social Welfare $1,222 $119.6bn
Retirement $4,275 $418.5bn
Healthcare $3,053 $298.9bn
Education $1,832 $179.4bn
Housing $611 $59.8bn
Justice, Police & Internal Security $763 $74.7bn
Defence $1,068 $966 $104.6bn $94.6bn
Environment & Climate $305 $29.9bn
Business Support $458 $44.8bn
Arts, Culture & Media $305 $203 $29.9bn $19.9bn
Foreign Aid $305 $152 $29.9bn $14.9bn
Roads & Highways $382 $418 $37.4bn $40.9bn
Public Transport & Rail $305 $334 $29.9bn $32.7bn
Energy Infrastructure $229 $251 $22.4bn $24.6bn
Ports & Airports $153 $167 $14.9bn $16.4bn
Total $1,494.6bn $1,469.6bn

Vote tally

Senate

Failed
6Yes 0No 36Not voted 42 seats

For: 6 / 42 filled seats (14.3%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 36

Party Seats Vote
Javoscan Social Alliance "future" 27 Not voted
National Front Of Javosca 64 Not voted
Peoples Progressional Front 51 Not voted
Red Green Labor 6 Yes

Congress

Failed
52Yes 0No 326Not voted 378 seats

For: 52 / 378 filled seats (13.8%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 326

Party Seats Vote
Javoscan Social Alliance "future" 61 Not voted
National Front Of Javosca 141 Not voted
Peoples Progressional Front 113 Not voted
Red Green Labor 52 Yes

Voting record

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

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