Marianne
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The Tax Rebalancing and Business Support Act

The Tax Rebalancing and Business Support Act

Proposed by The Marianne Liberty Alliance · Passed 1 Jan 2021

✅ Passed

Rationale

This rebalances our tax income to encourage foreign investment, alleviate the effect of poverty, and unleash our economic potential.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	30% 25%
Personal income tax: Medium earners	23% 30%
Personal income tax: High earners	36%
Personal income tax: Elite earners	32% 0%

Annual Spending

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$926	$1,045	8.6% 7.9%	$69.1bn
Retirement	$2,011	$1,951	18.7% 17.2%	$150.0bn
Healthcare	$2,291 $2,157	$2,389	21.3% 18.5%	$170.9bn $160.9bn
Education	$1,371	$1,652	12.8% 11.7%	$102.3bn
Housing	$469	$606	4.4% 4.0%	$35.0bn
Justice, Police & Internal Security	$534	$682	5.0% 4.6%	$39.8bn
Defence	$670 $938	$827	6.2% 8.0%	$50.0bn $70.0bn
Environment & Climate	$263	$235	2.4% 2.3%	$19.6bn
Business Support	$670 $1,340	$592	6.2% 11.5%	$50.0bn $100.0bn
Arts, Culture & Media	$188	$258	1.7% 1.6%	$14.0bn
Foreign Aid	$16 $134	$69	0.1% 1.1%	$1.2bn $10.0bn
Roads & Highways	$479	$385	4.5% 4.1%	$35.7bn
Public Transport & Rail	$383	$305	3.6% 3.3%	$28.6bn
Energy Infrastructure	$287	$232	2.7% 2.5%	$21.4bn
Ports & Airports	$192	$157	1.8% 1.6%	$14.3bn
Total			100.0%	$801.9bn $870.7bn

Vote tally

Senate

Passed

194Yes 0No 97Not voted 291 seats

For: 194 / 291 filled seats (66.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 97

Party	Seats	Vote	Reason
The Left	161	Not voted
The Marianne Liberty Alliance Proposer	59	Yes	No reason given
The National Refoundation Front	135	Yes	We support this budget, but consider that the question of dividing the different tax brackets will need to be revisited in the near future in order to achieve true tax progressivity, failing the ability to abolish it entirely. 20% for low earners, 30% for medium earners, and 40% for high earners! We have some reservations regarding the increase in international aid and advocate for its outright elimination, alongside a 25% to 30% reduction in the retirement pensions budget and at least 25% for social welfare!
Together For Marianne	26	Not voted

National Assembly

Passed

372Yes 0No 205Not voted 577 seats

For: 372 / 577 filled seats (64.5%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 205

Party	Seats	Vote	Reason
The Left	272	Not voted
The Marianne Liberty Alliance Proposer	113	Yes	No reason given
The National Refoundation Front	259	Yes	We support this budget, but consider that the question of dividing the different tax brackets will need to be revisited in the near future in order to achieve true tax progressivity, failing the ability to abolish it entirely. 20% for low earners, 30% for medium earners, and 40% for high earners! We have some reservations regarding the increase in international aid and advocate for its outright elimination, alongside a 25% to 30% reduction in the retirement pensions budget and at least 25% for social welfare!
Together For Marianne	32	Not voted

Voting record

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

The National Refoundation Front

Voted Jan. 1, 2021

Yes

“We support this budget, but consider that the question of dividing the different tax brackets will need to be revisited in the near future in order to achieve true tax progressivity, failing the ability to abolish it entirely. 20% for low earners, 30% for medium earners, and 40% for high earners! We have some reservations regarding the increase in international aid and advocate for its outright elimination, alongside a 25% to 30% reduction in the retirement pensions budget and at least 25% for social welfare!”

Current budget Budget history