Surplus increase

Proposed by Workers Democratic Alliance · Passed 23 Oct 2023

✅ Passed

Rationale

This budget only moves taxes up by 1-2 percent in each class while delivering what voters want.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 15% 17%
Personal income tax: Medium earners 20% 22%
Personal income tax: High earners 25% 27%
Personal income tax: Elite earners 35% 36%

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 $669 $4.0bn $8.3bn
Defence $524 $6.5bn
Environment & Climate $40 $282 $0.5bn $3.5bn
Business Support $0 $0.0bn
Arts, Culture & Media $0 $0.0bn
Foreign Aid $0 $0.0bn
Roads & Highways $360 $4.5bn
Public Transport & Rail $288 $3.6bn
Energy Infrastructure $216 $2.7bn
Ports & Airports $144 $1.8bn
Total $94.3bn $101.6bn

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 95 Yes
Workers Democratic Alliance Proposer 287 Yes

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 185 Yes
Workers Democratic Alliance Proposer 0 Yes

Voting record

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

Sveria Socialists United
Voted Oct. 23, 2023
Yes

“The SSU does not believe that justice spending needs to be increased, nor the tax rate for every bracket. However, since they have raised environmental funding, and they have recently received a democratic mandate from our recent Union Election, we will help them pass their budget”

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