Prosperity and Stability Budget Act of 2020

Proposed by National Moderation League · Passed 18 May 2020

✅ Passed

Rationale

This budget strengthens Solania by investing in national defence, policing, healthcare, education, and the environment while maintaining fiscal responsibility. It delivers targeted tax relief, supports economic growth, preserves a substantial budget surplus, and ensures the Republic remains secure, prosperous, and financially stable for future generations.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 20% 21%
Personal income tax: Medium earners 26% 25%
Personal income tax: High earners 34% 35%
Personal income tax: Elite earners 40%

Annual Spending

Category $ per capita Amount
Social Welfare $820 $20.0bn
Retirement $3,074 $2,869 $75.0bn $70.0bn
Healthcare $2,295 $2,254 $56.0bn $55.0bn
Education $1,639 $40.0bn
Housing $664 $656 $16.2bn $16.0bn
Justice, Police & Internal Security $123 $287 $3.0bn $7.0bn
Defence $8 $615 $0.2bn $15.0bn
Environment & Climate $410 $10.0bn
Business Support $328 $8.0bn
Arts, Culture & Media $0 $82 $0.0bn $2.0bn
Foreign Aid $0 $41 $0.0bn $1.0bn
Roads & Highways $234 $220 $5.7bn $5.4bn
Public Transport & Rail $187 $176 $4.6bn $4.3bn
Energy Infrastructure $141 $132 $3.4bn $3.2bn
Ports & Airports $94 $88 $2.3bn $2.1bn
Total $244.4bn $259.0bn

Vote tally

National Congress

Passed
165Yes 0No 126Not voted 291 seats

For: 165 / 291 filled seats (56.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 126

Party Seats Vote
National Moderation League Proposer 29 Yes
New Peoples’ Alliance 136 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.

New Peoples’ Alliance
Voted May 18, 2020
Yes

“This budget is poor, it raises taxes on lower earners and it still does NOT properly equip our military to defend out nation. Quite frankly the parties of this country lack of willingness to defend out nation is horrifying, but we will vote for this as it is a step in the right direct, NOT an end solution.”

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