Budget for 2023

Proposed by Patriots Of Veridia · Passed 6 Jan 2023

✅ Passed

We delivered our pledge, lowered taxes for medium earners and rearranged some spendings.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	15%
Personal income tax: Medium earners	22% 20%
Personal income tax: High earners	30%
Personal income tax: Elite earners	35%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,152 $1,061	$1,046	9.3% 8.2%	$3.8bn $3.5bn
Retirement	$2,364	$1,951	19.2% 18.4%	$7.8bn
Healthcare	$2,424	$2,389	19.7% 18.8%	$8.0bn
Education	$1,667	$1,649	13.5% 12.9%	$5.5bn
Housing	$606	$603	4.9% 4.7%	$2.0bn
Justice, Police & Internal Security	$758	$682	6.1% 5.9%	$2.5bn
Defence	$1,212 $1,818	$827	9.8% 14.1%	$4.0bn $6.0bn
Environment & Climate	$242	$235	2.0% 1.9%	$0.8bn
Business Support	$545 $606	$592	4.4% 4.7%	$1.8bn $2.0bn
Arts, Culture & Media	$303	$258	2.5% 2.4%	$1.0bn
Foreign Aid	$61 $30	$70	0.5% 0.2%	$0.2bn $0.1bn
Roads & Highways	$357	$386	2.9% 2.8%	$1.2bn
Public Transport & Rail	$286	$309	2.3% 2.2%	$0.9bn
Energy Infrastructure	$214	$234	1.7%	$0.7bn
Ports & Airports	$143	$157	1.2% 1.1%	$0.5bn
Total			100.0%	$40.7bn $42.5bn

Passed

20Yes 0No 0Not voted 20 seats

For: 20 / 20 filled seats (100.0%) — needs 50.0%

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

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

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

No votes cast yet.

Current budget Budget history