Funding for AI Budget 2023

Proposed by Sveria Socialists United · Passed 7 Jun 2023

✅ Passed

Rationale

This budget will increase taxation and reduce spending on some services to allow the country to invest into AI without having to accumulate $100bn in debt

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 10% 15%
Personal income tax: Medium earners 15% 20%
Personal income tax: High earners 22% 25%
Personal income tax: Elite earners 30% 35%

Annual Spending

Category $ per capita Amount
Social Welfare $605 $7.5bn
Retirement $1,145 $14.2bn
Healthcare $2,306 $28.6bn
Education $1,250 $15.5bn
Housing $403 $5.0bn
Justice, Police & Internal Security $323 $4.0bn
Defence $524 $6.5bn
Environment & Climate $40 $0.5bn
Business Support $1,452 $0 $18.0bn $0.0bn
Arts, Culture & Media $250 $0 $3.1bn $0.0bn
Foreign Aid $0 $0.0bn
Roads & Highways $475 $360 $5.9bn $4.5bn
Public Transport & Rail $380 $288 $4.7bn $3.6bn
Energy Infrastructure $285 $216 $3.5bn $2.7bn
Ports & Airports $190 $144 $2.4bn $1.8bn
Total $119.4bn $94.3bn

Vote tally

Union Parliament

Passed
382Yes 0No 338Not voted 720 seats

For: 382 / 720 filled seats (53.1%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 338

Party Seats Vote
National Development 122 Not voted
National Liberty League 206 Not voted
Sveria Socialists United Proposer 382 Yes
Workers Democratic Alliance 187 Not voted

National Parliament

Passed
185Yes 0No 164Not voted 349 seats

For: 185 / 349 filled seats (53.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 164

Party Seats Vote
National Development 22 Not voted
National Liberty League 61 Not voted
Sveria Socialists United Proposer 185 Yes
Workers Democratic Alliance 52 Not voted

Voting record

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

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