Increased spending and progressive tax changes

Proposed by Social Democratic Alliance · Passed 23 Apr 2020

✅ Passed

We just want to pass our budget

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	21% 20%
Personal income tax: Medium earners	23% 22%
Personal income tax: High earners	31% 30%
Personal income tax: Elite earners	50% 55%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$759 $1,292	$1,046	7.9% 11.4%	$57.0bn $97.0bn
Retirement	$2,663	$1,890	27.7% 23.5%	$200.0bn
Healthcare	$2,164 $2,430	$2,389	22.5% 21.5%	$162.5bn $182.5bn
Education	$1,158 $1,292	$1,649	12.0% 11.4%	$87.0bn $97.0bn
Housing	$379 $513	$603	3.9% 4.5%	$28.5bn $38.5bn
Justice, Police & Internal Security	$541	$682	5.6% 4.8%	$40.6bn
Defence	$666	$831	6.9% 5.9%	$50.0bn
Environment & Climate	$47 $313	$241	0.5% 2.8%	$3.5bn $23.5bn
Business Support	$280	$593	2.9% 2.5%	$21.0bn
Arts, Culture & Media	$200 $333	$255	2.1% 2.9%	$15.0bn $25.0bn
Foreign Aid	$13 $240	$70	0.1% 2.1%	$1.0bn $18.0bn
Roads & Highways	$271	$385	2.8% 2.4%	$20.3bn
Public Transport & Rail	$216	$305	2.2% 1.9%	$16.3bn
Energy Infrastructure	$162	$232	1.7% 1.4%	$12.2bn
Ports & Airports	$108	$157	1.1% 1.0%	$8.1bn
Total			100.0%	$723.0bn $850.0bn

Passed

82Yes 0No 68Not voted 150 seats

For: 82 / 150 filled seats (54.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 68

Party	Seats	Vote	Reason
Paleolibertarian Alliance	93	Not voted
Social Democratic Alliance Proposer	82	Yes	No reason given
Velinor Social Nationals	0	Not voted

Passed

195Yes 0No 165Not voted 360 seats

For: 195 / 360 filled seats (54.2%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 165

Party	Seats	Vote	Reason
Paleolibertarian Alliance	360	Not voted
Social Democratic Alliance Proposer	195	Yes	No reason given
Velinor Social Nationals	0	Not voted

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Current budget Budget history