The new age Budget call

· Passed 9 Apr 2022

✅ Passed

We feel like retirement is way to high we want to lower it and taxes

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	40% 27%
Personal income tax: Medium earners	40% 34%
Personal income tax: High earners	40% 35%
Personal income tax: Elite earners	35%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$180	n/a	5.0% 7.7%	$7.5bn
Retirement	$1,901 $625	n/a	52.7% 26.8%	$79.1bn $26.0bn
Healthcare	$450	n/a	12.5% 19.3%	$18.7bn
Education	$269	n/a	7.5% 11.5%	$11.2bn
Housing	$89	n/a	2.5% 3.8%	$3.7bn
Justice, Police & Internal Security	$113	n/a	3.1% 4.8%	$4.7bn
Defence	$159	n/a	4.4% 6.8%	$6.6bn
Environment & Climate	$46	n/a	1.3% 2.0%	$1.9bn
Business Support	$67	n/a	1.9% 2.9%	$2.8bn
Arts, Culture & Media	$46	n/a	1.3% 2.0%	$1.9bn
Foreign Aid	$46	n/a	1.3% 2.0%	$1.9bn
Roads & Highways	$87	n/a	2.4% 3.7%	$3.6bn
Public Transport & Rail	$69	n/a	1.9% 3.0%	$2.9bn
Energy Infrastructure	$52	n/a	1.4% 2.2%	$2.2bn
Ports & Airports	$35	n/a	1.0% 1.5%	$1.4bn
Total			100.0%	$150.1bn $97.0bn

Failed

36Yes 0No 64Not voted 100 seats

For: 36 / 100 filled seats (36.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 64

Party	Seats	Vote	Reason
Progessive Reform	36	Yes	Thanks for changing the retirement spending
The Revolutionary Communist Union	35	Not voted
Trotskyist Union	9	Not voted
Unitary Alliance	8	Not voted

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

Voted April 9, 2022

Yes

“Thanks for changing the retirement spending”

Current budget Budget history