Taxation Reform of 2017
Proposed by Progressive Democrats · Passed 14 Sep 2017
Rationale
The current tax rate is 25% across all classes of earners. While the low and middle earners suffer, the elite and the high earners jump with joy. This aims to tilt the balance towards the high and elite earners and change the annual deficit to an annual surplus.
Figures show the previous budget where they changed the new value.
Annual Spending
| Category | $ per capita | Amount | |
|---|---|---|---|
| Social Welfare | $848 | $20.7bn | |
| Retirement | $2,971 | $72.5bn | |
| Healthcare | $2,123 | $51.8bn | |
| Education | $1,275 | $31.1bn | |
| Housing | $426 | $10.4bn | |
| Justice, Police & Internal Security | $529 | $12.9bn | |
| Defence | $742 | $18.1bn | |
| Environment & Climate | $213 | $5.2bn | |
| Business Support | $320 | $7.8bn | |
| Arts, Culture & Media | $213 | $5.2bn | |
| Foreign Aid | $213 | $5.2bn | |
| Roads & Highways | $265 | $6.5bn | |
| Public Transport & Rail | $212 | $5.2bn | |
| Energy Infrastructure | $159 | $3.9bn | |
| Ports & Airports | $106 | $2.6bn | |
| Total | $259.0bn |
Vote tally
National Congress
Passed
156Yes
0No
144Not voted
300 seats
For: 156 / 300 filled seats (52.0%) — needs 50.0%
Against: 0 · Abstained: 0 · Not voted: 144
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Progressive Democrats Proposer | 156 | Yes | No reason given |
| Republicans | 60 | Not voted | |
| Solonia Reform League | 0 | Not voted | |
| Unity League | 146 | Not voted |