Increase in Austerity Measures Act

Proposed by National Thornreach Movement · Passed 2 Jul 2023

✅ Passed

Rationale

While our party supports a decrease in taxes, due to our heavy spending on the National AI Programme and our increasing debt, we are forced to act this measure. Rest assured, we will reduce taxes as soon as possible once we get our income handled.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	16% 20%
Personal income tax: Medium earners	21% 25%
Personal income tax: High earners	26% 33%
Personal income tax: Elite earners	31%

Annual Spending

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$470 $0	$1,046	4.6% 0.0%	$30.0bn $0.0bn
Retirement	$2,273	$1,951	22.0% 23.5%	$145.0bn
Healthcare	$1,254	$2,397	12.2% 13.0%	$80.0bn
Education	$1,097	$1,652	10.6% 11.4%	$70.0bn
Housing	$627	$606	6.1% 6.5%	$40.0bn
Justice, Police & Internal Security	$486	$682	4.7% 5.0%	$31.0bn
Defence	$1,254	$827	12.2% 13.0%	$80.0bn
Environment & Climate	$31 $0	$241	0.3% 0.0%	$2.0bn $0.0bn
Business Support	$862	$592	8.4% 8.9%	$55.0bn
Arts, Culture & Media	$313 $157	$258	3.0% 1.6%	$20.0bn $10.0bn
Foreign Aid	$0	$70	0.0%	$0.0bn
Roads & Highways	$588	$385	5.7% 6.1%	$37.5bn
Public Transport & Rail	$470	$305	4.6% 4.9%	$30.0bn
Energy Infrastructure	$353	$232	3.4% 3.7%	$22.5bn
Ports & Airports	$235	$157	2.3% 2.4%	$15.0bn
Total			100.0%	$658.0bn $616.0bn

Vote tally

National Assembly

Passed

100Yes 0No 0Not voted 100 seats

For: 100 / 100 filled seats (100.0%) — needs 50.0%

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

Party	Seats	Vote	Reason
Iron Crown	2	Not voted
National Thornreach Movement Proposer	100	Yes	No reason given
Parti Communiste Francophone De Thornreach	0	Not voted
Parti Socialiste	13	Not voted
Thornreach National Devlopment Alliance	0	Not voted

Voting record

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

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Current budget Budget history