The Fiscal Responability budget

Proposed by Liberal Union · Passed 3 Dec 2017

✅ Passed

Rationale

This Budget will cut taxes on all brackets and allow for money to be left in people's pockets, while cutting wasteful spending, supporting small businesses, protecting state pensions and keeping our large budget surplus.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 20% 18%
Personal income tax: Medium earners 25% 20%
Personal income tax: High earners 30% 27%
Personal income tax: Elite earners 33% 30%

Annual Spending

Category $ per capita Amount
Social Welfare $1,018 $85.9bn
Retirement $3,354 $283.1bn
Healthcare $2,491 $210.2bn
Education $1,674 $141.3bn
Housing $573 $360 $48.4bn $30.4bn
Justice, Police & Internal Security $600 $481 $50.6bn $40.6bn
Defence $839 $720 $70.8bn $60.8bn
Environment & Climate $239 $121 $20.2bn $10.2bn
Business Support $359 $477 $30.3bn $40.3bn
Arts, Culture & Media $239 $20.2bn
Foreign Aid $239 $121 $20.2bn $10.2bn
Roads & Highways $300 $342 $25.3bn $28.9bn
Public Transport & Rail $240 $274 $20.2bn $23.1bn
Energy Infrastructure $180 $205 $15.2bn $17.3bn
Ports & Airports $120 $137 $10.1bn $11.5bn
Total $1,052.0bn $1,014.0bn

Vote tally

Bundesrat

Passed
32Yes 22No 4Not voted 58 seats

For: 32 / 58 filled seats (55.2%) — needs 50.0%

Against: 22 · Abstained: 0 · Not voted: 4

Party Seats Vote
Civic Platform 5 Not voted
Labour Movement 14 No
Liberal Union Proposer 14 Yes
National League For Freedom And Democracy 9 Not voted
National People's Front 5 Not voted
Rhineland Social Front 12 Not voted
Social Democratic Forum 8 No
Socialist Popular Movement 14 Yes
Socialists And Democrats 16 Not voted
The Christian Democrats 4 Yes

Bundestag

Passed
324Yes 192No 51Not voted 567 seats

For: 324 / 567 filled seats (57.1%) — needs 50.0%

Against: 192 · Abstained: 0 · Not voted: 51

Party Seats Vote
Civic Platform 68 Not voted
Labour Movement 126 No
Liberal Union Proposer 190 Yes
National League For Freedom And Democracy 109 Not voted
National People's Front 34 Not voted
Rhineland Social Front 115 Not voted
Social Democratic Forum 66 No
Socialist Popular Movement 107 Yes
Socialists And Democrats 54 Not voted
The Christian Democrats 27 Yes

Voting record

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

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