Budget 2018

Proposed by Communist Workers' Alliance · Passed 26 Mar 2018

✅ Passed

These changes align with our socialist ideals and will improve life for the average working individual significantly.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	20% 10%
Personal income tax: Medium earners	25% 20%
Personal income tax: High earners	35% 40%
Personal income tax: Elite earners	40% 60%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$925 $1,254	$1,046	8.3% 10.5%	$59.0bn $80.0bn
Retirement	$3,135	$1,951	28.3% 26.3%	$200.0bn
Healthcare	$2,313 $2,351	$2,397	20.9% 19.7%	$147.6bn $150.0bn
Education	$1,411 $1,567	$1,652	12.7% 13.2%	$90.0bn $100.0bn
Housing	$462 $784	$606	4.2% 6.6%	$29.5bn $50.0bn
Justice, Police & Internal Security	$470 $392	$682	4.2% 3.3%	$30.0bn $25.0bn
Defence	$705 $0	$827	6.4% 0.0%	$45.0bn $0.0bn
Environment & Climate	$232 $392	$241	2.1% 3.3%	$14.8bn $25.0bn
Business Support	$235 $157	$592	2.1% 1.3%	$15.0bn $10.0bn
Arts, Culture & Media	$232 $470	$258	2.1% 3.9%	$14.8bn $30.0bn
Foreign Aid	$157 $313	$70	1.4% 2.6%	$10.0bn $20.0bn
Roads & Highways	$289 $392	$385	2.6% 3.3%	$18.5bn $25.0bn
Public Transport & Rail	$232 $313	$305	2.1% 2.6%	$14.8bn $20.0bn
Energy Infrastructure	$174 $235	$232	1.6% 2.0%	$11.1bn $15.0bn
Ports & Airports	$116 $157	$157	1.0% 1.3%	$7.4bn $10.0bn
Total			100.0%	$707.4bn $760.0bn

Passed

52Yes 0No 48Not voted 100 seats

For: 52 / 100 filled seats (52.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 48

Party	Seats	Vote	Reason
Communist Workers' Alliance Proposer	52	Yes	No reason given
Iron Crown	2	Not voted
National Thornreach Movement	134	Not voted
Parti Communiste Francophone De Thornreach	0	Not voted
Parti Socialiste	13	Not voted
Thornreach National Devlopment Alliance	0	Not voted

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