Loi de finances pour 2023

Proposed by Renaissance · Passed 8 Apr 2023

✅ Passed

Reducing taxes for our middle class, funded by cuts to overfunded housing subsidies.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	15%
Personal income tax: Medium earners	24% 21%
Personal income tax: High earners	30%
Personal income tax: Elite earners	38%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,085 $1,040	$1,046	9.6% 9.7%	$73.0bn $70.0bn
Retirement	$1,486	$1,951	13.2% 13.9%	$100.0bn
Healthcare	$2,377	$2,397	21.0% 22.2%	$160.0bn
Education	$1,634	$1,652	14.5% 15.3%	$110.0bn
Housing	$1,201 $669	$606	10.6% 6.2%	$80.8bn $45.0bn
Justice, Police & Internal Security	$639	$683	5.7% 6.0%	$43.0bn
Defence	$921	$827	8.2% 8.6%	$62.0bn
Environment & Climate	$193	$241	1.7% 1.8%	$13.0bn
Business Support	$416	$593	3.7% 3.9%	$28.0bn
Arts, Culture & Media	$227	$258	2.0% 2.1%	$15.3bn
Foreign Aid	$74	$69	0.7%	$5.0bn
Roads & Highways	$371	$386	3.3% 3.5%	$25.0bn
Public Transport & Rail	$297	$309	2.6% 2.8%	$20.0bn
Energy Infrastructure	$223	$234	2.0% 2.1%	$15.0bn
Ports & Airports	$149	$157	1.3% 1.4%	$10.0bn
Total			100.0%	$760.1bn $721.3bn

Passed

215Yes 0No 106Not voted 321 seats

For: 215 / 321 filled seats (67.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 106

Party	Seats	Vote	Reason
Libertary Front	46	Not voted
Liquid Democrats	53	Not voted
Lysenne Reform League	0	Not voted
Monarchists	63	Yes	this is the official govt budget for the year
New Centre	0	Not voted
Patriotic Alternative	78	Yes	This is a step in the right direction
Renaissance Proposer	74	Yes	No reason given

Passed

328Yes 0No 249Not voted 577 seats

For: 328 / 577 filled seats (56.8%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 249

Party	Seats	Vote	Reason
Libertary Front	96	Not voted
Liquid Democrats	70	Not voted
Lysenne Reform League	0	Not voted
Monarchists	101	Yes	this is the official govt budget for the year
New Centre	0	Not voted
Patriotic Alternative	80	Yes	This is a step in the right direction
Renaissance Proposer	147	Yes	No reason given

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

Voted April 8, 2023

Yes

“This is a step in the right direction”

Voted March 25, 2023

Yes

“this is the official govt budget for the year”

Current budget Budget history