Tax Reduction Plan

· Passed 26 Jan 2023

✅ Passed

This budget will lower overall taxes and balance out government spending to satisfy the populace.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	25% 15%
Personal income tax: Medium earners	30% 20%
Personal income tax: High earners	40% 35%
Personal income tax: Elite earners	50% 40%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,037 $519	$1,046	12.7% 9.2%	$50.0bn $25.0bn
Retirement	$1,556 $1,037	$1,951	19.0% 18.4%	$75.0bn $50.0bn
Healthcare	$1,037 $1,141	$2,397	12.7% 20.2%	$50.0bn $55.0bn
Education	$519 $830	$1,652	6.3% 14.7%	$25.0bn $40.0bn
Housing	$104	$606	1.3% 1.8%	$5.0bn
Justice, Police & Internal Security	$207 $415	$683	2.5% 7.4%	$10.0bn $20.0bn
Defence	$3,112 $519	$831	38.0% 9.2%	$150.0bn $25.0bn
Environment & Climate	$104	$241	1.3% 1.8%	$5.0bn
Business Support	$0 $415	$593	0.0% 7.4%	$0.0bn $20.0bn
Arts, Culture & Media	$0	$258	0.0%	$0.0bn
Foreign Aid	$104 $41	$70	1.3% 0.7%	$5.0bn $2.0bn
Roads & Highways	$148 $185	$386	1.8% 3.3%	$7.1bn $8.9bn
Public Transport & Rail	$119 $148	$309	1.4% 2.6%	$5.7bn $7.1bn
Energy Infrastructure	$89 $111	$234	1.1% 2.0%	$4.3bn $5.4bn
Ports & Airports	$59 $74	$157	0.7% 1.3%	$2.9bn $3.6bn
Total			100.0%	$395.0bn $272.0bn

Failed

0Yes 0No 245Not voted 245 seats

For: 0 / 245 filled seats (0.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 245

Party	Seats	Vote
Anarchist League	0	Not voted
Democratic Union	117	Not voted
Progressive Future	70	Not voted
Red Alliance	13	Not voted

Failed

0Yes 0No 163Not voted 163 seats

For: 0 / 163 filled seats (0.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 163

Party	Seats	Vote
Anarchist League	0	Not voted
Democratic Union	65	Not voted
Progressive Future	94	Not voted
Red Alliance	0	Not voted

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

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Current budget Budget history