Fiscal responsibility Plan

Proposed by Libra! · Passed 12 Aug 2019

✅ Passed

To keep decreasing debt and pay the current expenses.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	22% 30%
Personal income tax: Medium earners	25% 30%
Personal income tax: High earners	29% 30%
Personal income tax: Elite earners	32% 30%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,038	$1,046	8.6% 9.2%	$5.4bn
Retirement	$2,692 $2,500	$1,951	22.2%	$14.0bn $13.0bn
Healthcare	$2,692 $2,500	$2,397	22.2%	$14.0bn $13.0bn
Education	$1,558 $1,538	$1,652	12.9% 13.7%	$8.1bn $8.0bn
Housing	$519	$606	4.3% 4.6%	$2.7bn
Justice, Police & Internal Security	$654 $577	$683	5.4% 5.1%	$3.4bn $3.0bn
Defence	$904 $769	$831	7.5% 6.8%	$4.7bn $4.0bn
Environment & Climate	$269 $192	$241	2.2% 1.7%	$1.4bn $1.0bn
Business Support	$385	$592	3.2% 3.4%	$2.0bn
Arts, Culture & Media	$269 $192	$258	2.2% 1.7%	$1.4bn $1.0bn
Foreign Aid	$269	$70	2.2% 2.4%	$1.4bn
Roads & Highways	$309 $275	$386	2.6% 2.4%	$1.6bn $1.4bn
Public Transport & Rail	$247 $220	$309	2.0%	$1.3bn $1.1bn
Energy Infrastructure	$185 $165	$234	1.5%	$1.0bn $0.9bn
Ports & Airports	$110	$157	1.0%	$0.6bn
Total			100.0%	$63.0bn $58.5bn

Passed

19Yes 0No 11Not voted 30 seats

For: 19 / 30 filled seats (63.3%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 11

Party	Seats	Vote	Reason
Guards Of Liberty	9	Not voted
Libra! Proposer	19	Yes	No reason given
National Social Democrats	19	Not voted
Neoxumanismo Levonia	0	Not voted
Reform Levonia	0	Not voted

Passed

41Yes 0No 24Not voted 65 seats

For: 41 / 65 filled seats (63.1%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 24

Party	Seats	Vote	Reason
Guards Of Liberty	23	Not voted
Libra! Proposer	41	Yes	No reason given
National Social Democrats	36	Not voted
Neoxumanismo Levonia	0	Not voted
Reform Levonia	0	Not voted

Passed

7Yes 0No 3Not voted 10 seats

For: 7 / 10 filled seats (70.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 3

Party	Seats	Vote	Reason
Guards Of Liberty	4	Not voted
Libra! Proposer	7	Yes	No reason given
National Social Democrats	0	Not voted
Neoxumanismo Levonia	0	Not voted
Reform Levonia	0	Not voted

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Current budget Budget history