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Novograd
Economy
Budget

Budget of Novograd

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

Growth Economic Growth Sectors Industries Debt Debt / Reserves Budget Infra Infrastructure Embargoes

The voters demand: Raise social welfare spending

Open for pledging — View demand →

Annual Budget

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National debt decreases by $10.9bn a year ($0.9bn a month)

Annual Taxes

Earning band	Tax rate	Avg for peers	Tax take
Personal income tax: Low earners	5%	n/a	$1.9bn
Personal income tax: Medium earners	15%	n/a	$24.4bn
Personal income tax: High earners	35%	n/a	$70.5bn
Personal income tax: Elite earners	35%	n/a	$0.0bn
Total			$96.8bn
Decision income: Digital services levy			$6.0bn
Total after exceptional items			$102.8bn

Annual Spending

Category	$ per capita		% of budget		Our Country budget
Category	Our Country	Peers	Our Country	Peers	Our Country budget
Category	% of budget	Budget
Social Welfare	$120	n/a	5.5%	n/a	$5.0bn
Retirement	$421	n/a	19.2%	n/a	$17.5bn
Healthcare	$481	n/a	22.0%	n/a	$20.0bn
Education	$361	n/a	16.5%	n/a	$15.0bn
Housing	$180	n/a	8.2%	n/a	$7.5bn
Justice, Police & Internal Security	$96	n/a	4.4%	n/a	$4.0bn
Defence	$168	n/a	7.7%	n/a	$7.0bn
Environment & Climate	$0	n/a	0.0%	n/a	$0.0bn
Business Support	$120	n/a	5.5%	n/a	$5.0bn
Arts, Culture & Media	$0	n/a	0.0%	n/a	$0.0bn
Foreign Aid	$0	n/a	0.0%	n/a	$0.0bn
Roads & Highways	$86	n/a	3.9%	n/a	$3.6bn
Public Transport & Rail	$69	n/a	3.1%	n/a	$2.9bn
Energy Infrastructure	$52	n/a	2.4%	n/a	$2.1bn
Ports & Airports	$34	n/a	1.6%	n/a	$1.4bn
Total Budgeted Spending			100.0%		$91.0bn
Budget as a % of tax take					94.0%

Tax and Spend Flows

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

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