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Varelia
Economy
Budget

Budget of Varelia

Tax, spending, and the annual surplus or deficit they produce.

Growth Economic Growth Sectors Industries Debt Debt / Reserves Budget Infra Infrastructure Embargoes

The voters demand: Raise housing spending

In delivery — View demand →

Annual Budget

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National debt increases by $13.3bn a year ($1.1bn a month)

Annual Taxes

Earning band	Tax rate	Avg for peers	Tax take
Personal income tax: Low earners	15%	16.4%	$45.7bn
Personal income tax: Medium earners	20%	22.5%	$223.6bn
Personal income tax: High earners	28%	35.0%	$355.6bn
Personal income tax: Elite earners	36%	41.1%	$118.1bn
Total			$743.0bn
Decision income: Digital services levy			$45.5bn
Total after exceptional items			$788.5bn

Annual Spending

Category	$ per capita		% of budget		Our Country budget
Category	Our Country	Peers	Our Country	Peers	Our Country budget
Category	% of budget	Budget
Social Welfare	$1,214	$1,040	10.0%	8.5%	$80.0bn
Retirement	$2,124	$1,951	17.6%	16.5%	$140.0bn
Healthcare	$2,428	$2,388	20.1%	19.2%	$160.0bn
Education	$1,821	$1,642	15.1%	13.9%	$120.0bn
Housing	$607	$603	5.0%	5.5%	$40.0bn
Justice, Police & Internal Security	$683	$676	5.6%	7.5%	$45.0bn
Defence	$835	$827	6.9%	7.9%	$55.0bn
Environment & Climate	$243	$235	2.0%	2.0%	$16.0bn
Business Support	$759	$592	6.3%	5.9%	$50.0bn
Arts, Culture & Media	$243	$258	2.0%	2.1%	$16.0bn
Foreign Aid	$68	$70	0.6%	0.8%	$4.5bn
Roads & Highways	$379	$386	3.1%	3.7%	$25.0bn
Public Transport & Rail	$303	$309	2.5%	2.9%	$20.0bn
Energy Infrastructure	$228	$234	1.9%	2.2%	$15.0bn
Ports & Airports	$167	$157	1.4%	1.5%	$11.0bn
Total Budgeted Spending			100.0%		$797.5bn
Budget as a % of tax take					107.3%

Tax and Spend Flows

How tax, interest, and borrowing feed spending categories — hover a bar for the annual figure.

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