Budget for 2022

Proposed by Patriots Of Veridia · Passed 5 Jul 2022

✅ Passed

Finally we made the GDP raise again. Now we can spend much more money. And we´ll do it. For the people and our nation!

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

Annual Taxes

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

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$758 $1,212	$1,046	8.1% 9.5%	$2.5bn $4.0bn
Retirement	$1,818 $2,424	$1,951	19.5% 19.0%	$6.0bn $8.0bn
Healthcare	$1,818 $2,424	$2,389	19.5% 19.0%	$6.0bn $8.0bn
Education	$1,515 $1,667	$1,649	16.2% 13.1%	$5.0bn $5.5bn
Housing	$545 $606	$603	5.8% 4.8%	$1.8bn $2.0bn
Justice, Police & Internal Security	$606 $758	$682	6.5% 5.9%	$2.0bn $2.5bn
Defence	$758 $1,212	$827	8.1% 9.5%	$2.5bn $4.0bn
Environment & Climate	$152 $303	$235	1.6% 2.4%	$0.5bn $1.0bn
Business Support	$455 $636	$592	4.9% 5.0%	$1.5bn $2.1bn
Arts, Culture & Media	$121 $303	$258	1.3% 2.4%	$0.4bn $1.0bn
Foreign Aid	$30 $152	$70	0.3% 1.2%	$0.1bn $0.5bn
Roads & Highways	$271 $379	$386	2.9% 3.0%	$0.9bn $1.2bn
Public Transport & Rail	$216 $303	$309	2.3% 2.4%	$0.7bn $1.0bn
Energy Infrastructure	$162 $227	$234	1.7% 1.8%	$0.5bn $0.8bn
Ports & Airports	$108 $152	$157	1.2%	$0.4bn $0.5bn
Total			100.0%	$30.8bn $42.1bn

Passed

20Yes 0No 16Not voted 36 seats

For: 20 / 36 filled seats (55.6%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 16

Party	Seats	Vote	Reason
Patriots Of Veridia Proposer	20	Yes	No reason given
Socialist Republican Workers League	36	Not voted

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