Budget v2

Proposed by The Northsea Rally · Passed 7 Feb 2024

✅ Passed

Rationale

We consider that investing in nuclear energy is money put for climate since it have a very very low carbon footprint.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	14%
Personal income tax: Medium earners	16%
Personal income tax: High earners	30%
Personal income tax: Elite earners	35%

Annual Spending

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,143	$1,046	10.7% 10.6%	$75.0bn
Retirement	$1,829 $1,677	$1,951	17.0% 15.5%	$120.0bn $110.0bn
Healthcare	$2,591	$2,397	24.1% 24.0%	$170.0bn
Education	$762	$1,652	7.1%	$50.0bn
Housing	$595	$606	5.5%	$39.0bn
Justice, Police & Internal Security	$915	$682	8.5%	$60.0bn
Defence	$1,524	$827	14.2% 14.1%	$100.0bn
Environment & Climate	$0 $229	$235	0.0% 2.1%	$0.0bn $15.0bn
Business Support	$0	$593	0.0%	$0.0bn
Arts, Culture & Media	$0	$258	0.0%	$0.0bn
Foreign Aid	$0	$70	0.0%	$0.0bn
Roads & Highways	$490	$385	4.6% 4.5%	$32.1bn
Public Transport & Rail	$392	$305	3.7% 3.6%	$25.7bn
Energy Infrastructure	$294	$232	2.7%	$19.3bn
Ports & Airports	$196	$157	1.8%	$12.9bn
Total			100.0%	$704.0bn $709.0bn

Vote tally

National Assembly

Passed

53Yes 0No 47Not voted 100 seats

For: 53 / 100 filled seats (53.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 47

Party	Seats	Vote	Reason
Democratic Socialist Of The Northsea	16	Not voted
Liberal Center	31	Not voted
Northsea National Union	18	Yes	NNU supports Budget v2. It delivers meaningful environmental investment while preserving our core commitments to defence and infrastructure. The additional retirement reduction is difficult, but the overall budget remains fiscally responsible and strengthens Northsea’s long-term resilience.
The Northsea Rally Proposer	35	Yes	No reason given

Voting record

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

Northsea National Union

Voted Feb. 7, 2024

Yes

“NNU supports Budget v2. It delivers meaningful environmental investment while preserving our core commitments to defence and infrastructure. The additional retirement reduction is difficult, but the overall budget remains fiscally responsible and strengthens Northsea’s long-term resilience.”

Current budget Budget history