New Budget 2022

Proposed by Patriots Of Veridia · Passed 26 Oct 2022

✅ Passed

Just some rearrangements and lowering taxes

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	25% 22%
Personal income tax: High earners	30%
Personal income tax: Elite earners	35%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,212 $1,152	$1,046	9.5% 9.3%	$4.0bn $3.8bn
Retirement	$2,424 $2,364	$1,951	19.0% 19.2%	$8.0bn $7.8bn
Healthcare	$2,424	$2,389	19.0% 19.7%	$8.0bn
Education	$1,667	$1,649	13.1% 13.5%	$5.5bn
Housing	$606	$603	4.8% 4.9%	$2.0bn
Justice, Police & Internal Security	$758	$682	5.9% 6.1%	$2.5bn
Defence	$1,212	$827	9.5% 9.8%	$4.0bn
Environment & Climate	$303 $242	$235	2.4% 2.0%	$1.0bn $0.8bn
Business Support	$636 $545	$592	5.0% 4.4%	$2.1bn $1.8bn
Arts, Culture & Media	$303	$258	2.4% 2.5%	$1.0bn
Foreign Aid	$152 $61	$70	1.2% 0.5%	$0.5bn $0.2bn
Roads & Highways	$379 $357	$386	3.0% 2.9%	$1.2bn $1.2bn
Public Transport & Rail	$303 $286	$309	2.4% 2.3%	$1.0bn $0.9bn
Energy Infrastructure	$227 $214	$234	1.8% 1.7%	$0.8bn $0.7bn
Ports & Airports	$143	$157	1.2%	$0.5bn
Total			100.0%	$42.1bn $40.7bn

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

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

No votes cast yet.

Current budget Budget history