Fairness and Equilibrium Budget of 2024

· Passed 5 Jul 2024

✅ Passed

Rationale

Before upcoming debt interests, our duty is to protect future generations from our mistakes. Then, we should adjust our budget to gain some surplus until we refund our debt.

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

Annual Taxes

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

Annual Spending

Category $ per capita Amount
Social Welfare $985 $1,077 $64.9bn $71.0bn
Retirement $3,445 $2,033 $227.0bn $134.0bn
Healthcare $2,460 $2,382 $162.1bn $157.0bn
Education $1,476 $1,639 $97.3bn $108.0bn
Housing $492 $607 $32.4bn $40.0bn
Justice, Police & Internal Security $615 $668 $40.5bn $44.0bn
Defence $862 $789 $56.8bn $52.0bn
Environment & Climate $246 $16.2bn
Business Support $369 $577 $24.3bn $38.0bn
Arts, Culture & Media $246 $243 $16.2bn $16.0bn
Foreign Aid $246 $76 $16.2bn $5.0bn
Roads & Highways $308 $358 $20.3bn $23.6bn
Public Transport & Rail $246 $286 $16.2bn $18.9bn
Energy Infrastructure $185 $215 $12.2bn $14.1bn
Ports & Airports $123 $143 $8.1bn $9.4bn
Total $810.7bn $747.2bn

Vote tally

Parliament

Failed
0Yes 0No 89Not voted 89 seats

For: 0 / 89 filled seats (0.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 89

Party Seats Vote
National Reform 123 Not voted
The King's Guard 0 Yes
The Royal Conservative 0 Yes

Voting record

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

The Royal Conservative
Voted May 29, 2024
Yes

“We, the royal conservative party, stand for this proposal. We also invite the labour party to act for our nation and the people who voted for them...”

The King's Guard
Voted May 14, 2024
Yes

“Even if we, The King's Guard, aren't the most satisfied with this proposition of budget, at least il will reduce the deficit our nation will take each years, so, for this reason, we approve this proposition of budget.”

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