Debt Crisis Solution of 2022

Proposed by Sekuntomia Nationalism · Passed 27 Feb 2022

✅ Passed

Rationale

This is very important in order to remove out the nations debt. Debt is through the rough and so is the interest rates.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 16% 19%
Personal income tax: Medium earners 20% 22%
Personal income tax: High earners 24% 25%
Personal income tax: Elite earners 28%

Annual Spending

Category $ per capita Amount
Social Welfare $391 $217 $0.9bn $0.5bn
Retirement $1,087 $565 $2.5bn $1.3bn
Healthcare $2,609 $1,304 $6.0bn $3.0bn
Education $1,652 $1,043 $3.8bn $2.4bn
Housing $609 $87 $1.4bn $0.2bn
Justice, Police & Internal Security $522 $348 $1.2bn $0.8bn
Defence $652 $217 $1.5bn $0.5bn
Environment & Climate $0 $261 $0.0bn $0.6bn
Business Support $522 $435 $1.2bn $1.0bn
Arts, Culture & Media $348 $217 $0.8bn $0.5bn
Foreign Aid $0 $0.0bn
Roads & Highways $311 $217 $0.7bn $0.5bn
Public Transport & Rail $248 $174 $0.6bn $0.4bn
Energy Infrastructure $186 $130 $0.4bn $0.3bn
Ports & Airports $124 $87 $0.3bn $0.2bn
Total $21.3bn $12.2bn

Vote tally

Parliament

Passed
99Yes 0No 0Not voted 99 seats

For: 99 / 99 filled seats (100.0%) — needs 50.0%

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

Party Seats Vote
Civic Alliance 0 Not voted
Sekuntomia Nationalism Proposer 99 Yes

Voting record

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