Solar Storm Preparation Finance Bill

Proposed by Compassionate Collective · Passed 14 Jul 2019

✅ Passed

Rationale

This budget aims to prepare funds to both greatly reduce the debt, as well as prepare funds for the potential solar storm.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 20%
Personal income tax: Medium earners 24% 26%
Personal income tax: High earners 32% 34%
Personal income tax: Elite earners 38% 40%

Annual Spending

Category $ per capita Amount
Social Welfare $820 $20.0bn
Retirement $3,074 $75.0bn
Healthcare $2,295 $56.0bn
Education $1,639 $40.0bn
Housing $664 $16.2bn
Justice, Police & Internal Security $410 $123 $10.0bn $3.0bn
Defence $254 $8 $6.2bn $0.2bn
Environment & Climate $410 $10.0bn
Business Support $328 $8.0bn
Arts, Culture & Media $0 $0.0bn
Foreign Aid $0 $0.0bn
Roads & Highways $263 $6.4bn
Public Transport & Rail $211 $5.1bn
Energy Infrastructure $158 $3.9bn
Ports & Airports $105 $2.6bn
Total $259.4bn $246.4bn

Vote tally

National Congress

Passed
166Yes 0No 134Not voted 300 seats

For: 166 / 300 filled seats (55.3%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 134

Party Seats Vote
Compassionate Collective Proposer 94 Yes
New Social Democratic Front 72 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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