Medium Income Tax Bracket Relief 2022

Proposed by Compassionate Collective · Passed 26 Apr 2022

✅ Passed

Rationale

This budget aims to provide relief to medium income people given the fact that many are dissatisfied about the current tax rate

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 15%
Personal income tax: Medium earners 25% 20%
Personal income tax: High earners 35%
Personal income tax: Elite earners 45%

Annual Spending

Category $ per capita Amount
Social Welfare $1,107 $27.0bn
Retirement $2,869 $70.0bn
Healthcare $2,541 $62.0bn
Education $1,680 $41.0bn
Housing $656 $16.0bn
Justice, Police & Internal Security $205 $5.0bn
Defence $861 $21.0bn
Environment & Climate $410 $10.0bn
Business Support $492 $12.0bn
Arts, Culture & Media $287 $7.0bn
Foreign Aid $123 $3.0bn
Roads & Highways $366 $8.9bn
Public Transport & Rail $293 $7.1bn
Energy Infrastructure $220 $5.4bn
Ports & Airports $146 $3.6bn
Total $299.0bn

Vote tally

National Congress

Failed
123Yes 0No 176Not voted 299 seats

For: 123 / 299 filled seats (41.1%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 176

Party Seats Vote
Compassionate Collective Proposer 79 Yes
New Social Democratic Front 44 Yes
Republicans 60 Not voted
Solonia Reform League 0 Not voted
Unity League 146 Not voted

Voting record

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

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