2023 budget

Proposed by Insoumis Of Verdia · Passed 20 Jul 2023

✅ Passed

Good

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	15% 20%
Personal income tax: Medium earners	20% 25%
Personal income tax: High earners	30%
Personal income tax: Elite earners	35%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,061 $970	$1,046	8.2% 9.9%	$3.5bn $3.2bn
Retirement	$2,364 $1,455	$1,951	18.4% 14.9%	$7.8bn $4.8bn
Healthcare	$2,424 $1,515	$2,389	18.8% 15.5%	$8.0bn $5.0bn
Education	$1,667 $1,818	$1,649	12.9% 18.6%	$5.5bn $6.0bn
Housing	$606	$603	4.7% 6.2%	$2.0bn
Justice, Police & Internal Security	$758 $909	$682	5.9% 9.3%	$2.5bn $3.0bn
Defence	$1,818 $121	$827	14.1% 1.2%	$6.0bn $0.4bn
Environment & Climate	$242	$235	1.9% 2.5%	$0.8bn
Business Support	$606 $909	$592	4.7% 9.3%	$2.0bn $3.0bn
Arts, Culture & Media	$303 $212	$258	2.4% 2.2%	$1.0bn $0.7bn
Foreign Aid	$30	$70	0.2% 0.3%	$0.1bn
Roads & Highways	$357	$386	2.8% 3.6%	$1.2bn
Public Transport & Rail	$286	$309	2.2% 2.9%	$0.9bn
Energy Infrastructure	$214	$234	1.7% 2.2%	$0.7bn
Ports & Airports	$143	$157	1.1% 1.5%	$0.5bn
Total			100.0%	$42.5bn $32.3bn

Passed

36Yes 0No 0Not voted 36 seats

For: 36 / 36 filled seats (100.0%) — needs 50.0%

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

Party	Seats	Vote	Reason
Insoumis Of Verdia Proposer	36	Yes	No reason given
Socialist Republican Workers League	36	Not voted

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