Surplus Usage Act

Proposed by Social Democratic Alliance · Passed 13 Aug 2020

✅ Passed

Rationale

We have enormous surplus and we will spend it while still keeping a 100 billion surplus

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 20% 15%
Personal income tax: Medium earners 24% 20%
Personal income tax: High earners 33% 30%
Personal income tax: Elite earners 55% 52%

Annual Spending

Category $ per capita Amount
Social Welfare $1,292 $3,356 $97.0bn $252.0bn
Retirement $2,663 $2,770 $200.0bn $208.0bn
Healthcare $2,430 $3,176 $182.5bn $238.5bn
Education $1,292 $1,691 $97.0bn $127.0bn
Housing $513 $1,045 $38.5bn $78.5bn
Justice, Police & Internal Security $541 $1,047 $40.6bn $78.6bn
Defence $666 $839 $50.0bn $63.0bn
Environment & Climate $646 $1,045 $48.5bn $78.5bn
Business Support $280 $559 $21.0bn $42.0bn
Arts, Culture & Media $333 $692 $25.0bn $52.0bn
Foreign Aid $240 $838 $18.0bn $62.9bn
Roads & Highways $271 $366 $20.3bn $27.5bn
Public Transport & Rail $216 $293 $16.3bn $22.0bn
Energy Infrastructure $162 $219 $12.2bn $16.5bn
Ports & Airports $108 $146 $8.1bn $11.0bn
Total $875.0bn $1,357.9bn

Vote tally

The Upper Council

Passed
94Yes 0No 56Not voted 150 seats

For: 94 / 150 filled seats (62.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 56

Party Seats Vote
Paleolibertarian Alliance 12 Yes
Social Democratic Alliance Proposer 82 Yes
Velinor Social Nationals 0 Not voted

The Grand Assembly

Passed
224Yes 0No 136Not voted 360 seats

For: 224 / 360 filled seats (62.2%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 136

Party Seats Vote
Paleolibertarian Alliance 29 Yes
Social Democratic Alliance Proposer 195 Yes
Velinor Social Nationals 0 Not voted

Voting record

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

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