Budget of Velinor

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

Annual Budget

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National reserves increase by $66.0bn a year ($5.5bn a month)

Earning band	Tax rate	Avg for peers	Tax take
Personal income tax: Low earners	16%	16.4%	$66.7bn
Personal income tax: Medium earners	22%	22.5%	$335.3bn
Personal income tax: High earners	34%	34.9%	$477.5bn
Personal income tax: Elite earners	47%	40.8%	$587.6bn
Total			$1,467.2bn

Category	$ per capita		% of budget		Our Country budget
Category	Our Country	Peers	Our Country	Peers	Our Country budget
Category	% of budget	Budget
Social Welfare	$652	$1,045	4.7%	8.6%	$49.0bn
Retirement	$2,530	$1,951	18.3%	16.5%	$190.0bn
Healthcare	$2,397	$2,388	17.3%	19.2%	$180.0bn
Education	$1,691	$1,642	12.2%	14.0%	$127.0bn
Housing	$799	$603	5.8%	5.5%	$60.0bn
Justice, Police & Internal Security	$1,047	$676	7.6%	7.5%	$78.6bn
Defence	$799	$835	5.8%	7.9%	$60.0bn
Environment & Climate	$133	$242	1.0%	2.0%	$10.0bn
Business Support	$559	$593	4.0%	5.9%	$42.0bn
Arts, Culture & Media	$533	$243	3.9%	2.1%	$40.0bn
Foreign Aid	$27	$70	0.2%	0.8%	$2.0bn
Roads & Highways	$951	$385	6.9%	3.6%	$71.4bn
Public Transport & Rail	$760	$305	5.5%	2.9%	$57.1bn
Energy Infrastructure	$571	$232	4.1%	2.2%	$42.9bn
Ports & Airports	$381	$157	2.8%	1.5%	$28.6bn
Total Budgeted Spending			100.0%		$1,038.6bn
Budget as a % of tax take					70.8%
Decision expenditure: National AI programme		Decision expenditure: National AI programme				$363.4bn
Total after exceptional items		Total after exceptional items				$1,402.0bn

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