Budget of Magna Taura

Tax, spending, and the annual surplus or deficit they produce.

Annual Budget

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National debt decreases by $59.6bn a year ($5.0bn a month)

Earning band	Tax rate	Avg for peers	Tax take
Personal income tax: Low earners	18%	16.3%	$110.4bn
Personal income tax: Medium earners	24%	22.4%	$359.0bn
Personal income tax: High earners	34%	34.9%	$715.5bn
Personal income tax: Elite earners	42%	40.9%	$479.3bn
Total			$1,664.3bn
Decision income: Digital services levy			$79.5bn
Total after exceptional items			$1,743.8bn

Category	$ per capita		% of budget		Our Country budget
Category	Our Country	Peers	Our Country	Peers	Our Country budget
Category	% of budget	Budget
Social Welfare	$1,142	$1,040	7.9%	8.5%	$100.0bn
Retirement	$3,368	$1,951	23.4%	16.4%	$295.0bn
Healthcare	$1,884	$2,389	13.1%	19.3%	$165.0bn
Education	$1,826	$1,642	12.7%	14.0%	$160.0bn
Housing	$970	$603	6.7%	5.5%	$85.0bn
Justice, Police & Internal Security	$1,027	$676	7.1%	7.5%	$90.0bn
Defence	$913	$827	6.3%	7.9%	$80.0bn
Environment & Climate	$251	$235	1.7%	2.0%	$22.0bn
Business Support	$685	$592	4.8%	5.9%	$60.0bn
Arts, Culture & Media	$342	$243	2.4%	2.1%	$30.0bn
Foreign Aid	$0	$70	0.0%	0.8%	$0.0bn
Roads & Highways	$457	$385	3.2%	3.7%	$40.0bn
Public Transport & Rail	$514	$305	3.6%	2.9%	$45.0bn
Energy Infrastructure	$799	$232	5.6%	2.2%	$70.0bn
Ports & Airports	$228	$157	1.6%	1.5%	$20.0bn
Total Budgeted Spending			100.0%		$1,262.0bn
Budget as a % of tax take					75.8%
Decision expenditure: National AI programme		Decision expenditure: National AI programme				$411.7bn
Total after exceptional items		Total after exceptional items				$1,673.7bn

How tax, interest, and borrowing feed spending categories — hover a bar for the annual figure.