Debt Payment Act (temporary).

Proposed by Optimates Fasces · Passed 23 Jan 2017

✅ Passed

Rationale

With this adjustments we guarantee that debt will be repaid and we will restore our economy so people could not suffer from inflation or unemployment caused by the current financial situation

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	22% 23%
Personal income tax: Medium earners	26%
Personal income tax: High earners	26% 27%
Personal income tax: Elite earners	28% 29%

Annual Spending

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,087 $1,016	$1,045	7.7% 8.1%	$95.2bn $89.0bn
Retirement	$3,881 $3,368	$1,890	27.6% 26.8%	$340.0bn $295.0bn
Healthcare	$2,692 $2,397	$2,397	19.1%	$235.8bn $210.0bn
Education	$1,716	$1,649	12.2% 13.6%	$150.3bn
Housing	$913 $685	$603	6.5% 5.4%	$80.0bn $60.0bn
Justice, Police & Internal Security	$731	$682	5.2% 5.8%	$64.0bn
Defence	$1,001 $776	$827	7.1% 6.2%	$87.7bn $68.0bn
Environment & Climate	$137 $23	$235	1.0% 0.2%	$12.0bn $2.0bn
Business Support	$429 $400	$592	3.1% 3.2%	$37.6bn $35.0bn
Arts, Culture & Media	$285	$255	2.0% 2.3%	$25.0bn
Foreign Aid	$285	$70	2.0% 2.3%	$25.0bn
Roads & Highways	$322	$385	2.3% 2.6%	$28.2bn
Public Transport & Rail	$258	$305	1.8% 2.0%	$22.6bn
Energy Infrastructure	$193	$232	1.4% 1.5%	$16.9bn
Ports & Airports	$129	$157	0.9% 1.0%	$11.3bn
Total			100.0%	$1,231.6bn $1,102.3bn

Vote tally

Senatus iuris

Passed

105Yes 0No 45Not voted 150 seats

For: 105 / 150 filled seats (70.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 45

Party	Seats	Vote	Reason
Frons Munita	83	Not voted
Junta Militar De G. Boné	28	Not voted
National Workers Core	15	Yes	No reason given
Optimates Fasces Proposer	65	Yes	No reason given
Te Deum Laudamus	25	Yes	No reason given

Curia plebiscitaria

Passed

187Yes 0No 163Not voted 350 seats

For: 187 / 350 filled seats (53.4%) — needs 50.0%

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

Party	Seats	Vote	Reason
Frons Munita	167	Not voted
Junta Militar De G. Boné	69	Not voted
National Workers Core	14	Yes	No reason given
Optimates Fasces Proposer	141	Yes	No reason given
Te Deum Laudamus	32	Yes	No reason given

Voting record

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

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Current budget Budget history