Deficit Reduction Proposal

Proposed by Paleolibertarian Alliance · Passed 17 Feb 2017

✅ Passed

Rationale

Decreasing spending and the deficit helps to ensure a future for Velinor, tax cuts help spur growth.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 25% 22%
Personal income tax: Medium earners 25% 24%
Personal income tax: High earners 25%
Personal income tax: Elite earners 25% 26%

Annual Spending

Category $ per capita Amount
Social Welfare $866 $759 $65.0bn $57.0bn
Retirement $3,029 $2,663 $227.5bn $200.0bn
Healthcare $2,164 $162.5bn
Education $1,298 $1,158 $97.5bn $87.0bn
Housing $433 $379 $32.5bn $28.5bn
Justice, Police & Internal Security $541 $40.6bn
Defence $758 $666 $56.9bn $50.0bn
Environment & Climate $217 $47 $16.3bn $3.5bn
Business Support $325 $280 $24.4bn $21.0bn
Arts, Culture & Media $217 $40 $16.3bn $3.0bn
Foreign Aid $217 $13 $16.3bn $1.0bn
Roads & Highways $271 $20.3bn
Public Transport & Rail $216 $16.3bn
Energy Infrastructure $162 $12.2bn
Ports & Airports $108 $8.1bn
Total $812.7bn $711.0bn

Vote tally

The Upper Council

Passed
79Yes 0No 60Not voted 139 seats

For: 79 / 139 filled seats (56.8%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 60

Party Seats Vote
Paleolibertarian Alliance Proposer 79 Yes
Velinor Social Nationals 0 Not voted

The Grand Assembly

Passed
191Yes 0No 143Not voted 334 seats

For: 191 / 334 filled seats (57.2%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 143

Party Seats Vote
Paleolibertarian Alliance Proposer 191 Yes
Velinor Social Nationals 0 Not voted

Voting record

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

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