Balanced Budget Act

Proposed by Ludenholm Progressive People's Alliance · Passed 18 Oct 2024

✅ Passed

Rationale

Returning the budget to as surplus before AI expenditure and increasing business spending to meet the people's needs.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 10%
Personal income tax: Medium earners 12% 20%
Personal income tax: High earners 30% 35%
Personal income tax: Elite earners 35% 51%

Annual Spending

Category $ per capita Amount
Social Welfare $1,600 $60.0bn
Retirement $3,200 $120.0bn
Healthcare $4,000 $150.0bn
Education $2,667 $100.0bn
Housing $2,000 $75.0bn
Justice, Police & Internal Security $907 $34.0bn
Defence $800 $30.0bn
Environment & Climate $1,600 $60.0bn
Business Support $400 $587 $15.0bn $22.0bn
Arts, Culture & Media $667 $25.0bn
Foreign Aid $267 $10.0bn
Roads & Highways $667 $25.0bn
Public Transport & Rail $533 $20.0bn
Energy Infrastructure $400 $15.0bn
Ports & Airports $267 $10.0bn
Total $749.0bn $756.0bn

Vote tally

Riksdag

Passed
670Yes 0No 394Not voted 1064 seats

For: 670 / 1064 filled seats (63.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 394

Party Seats Vote
Communist Movement 380 Yes
Liberal Alliance 0 Not voted
Ludenholm Congress Of Anarchy 0 Not voted
Ludenholm Progressive People's Alliance Proposer 290 Yes
National Banking Clan 0 Not voted
The People's Socialist Front 394 Not voted

Statenhaus

Passed
101Yes 0No 43Not voted 144 seats

For: 101 / 144 filled seats (70.1%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 43

Party Seats Vote
Communist Movement 62 Yes
Liberal Alliance 0 Not voted
Ludenholm Congress Of Anarchy 0 Not voted
Ludenholm Progressive People's Alliance Proposer 39 Yes
National Banking Clan 0 Not voted
The People's Socialist Front 43 Not voted

Voting record

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

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