Whereas, the Cyberian Federal Government needs to pay for services given to the people; whereas, the said government needs to pay its debt; whereas, the taxes from previous years have been collected; Be it RESOLVED, that the federal government plans the following method of spending its revenue:
Section 1: The Collected Revenue since July 1997
1.1 Income Taxes: determined by multiplying the tax bracket by the population in the bracket and by the average income (high + low, divided by 2): Estimated Population total 5,550,000
Bracket No. 1 ~0 to ~34,999 @ 0% for 13% of pop: 0 collected
Bracket No. 2 ~35,000 to ~74,999 @ 3% for 50.9% of pop: ~4,656,960,075
Bracket No. 3 ~75,000 to ~129,999 @ 6% for 21.2% of pop: ~7,236,054,702
Bracket No. 4 ~130,000 to ~249,999 @ 9% for 8.1% of pop: ~7,686,429,773
Bracket No. 5 ~250,000 to ~999,999 @ 12% for 4.4% of pop: ~18,314,985,348
Bracket No. 6 ~1,000,000 to 4,999,999 @ 15% for 1.4% of pop: ~34,964,994,173
Bracket No. 7 ~5,000,000 to 14,999,999 @ 18% for .99% of pop: ~98,900,995,055
Bracket No. 8 ~15,000,000 and up @ 21% for .01% of pop: ~1,748,250,000
1.2 Tariffs
From imports of ~19 billion @ 7%: 1,330,000,000
Exports of ~13 billion @ 6.5%: 845,000,000
1.3 Corporate Profits @ 6.5% for ~60 billion: 3,900,000,000
1.4 Capital gains taxes @ 5% for ~37 billion: 1,850,000,000
1.5 National Luxury Tax @ 7% for ~66 billion: 4,620,000,000
1.6 Total Revenue: 186,053,669,126
Section 2: Previous spending (borrowed money)
2.1 July 1997 to May 1998 (11 of 15 months): 9,762,310,000
2.2 Deficit caused by interest on previous spending: 619,375,000
2.3 Total spending: 10,381,685,000
Section 3: Spending for June to September 1998 (4 of 15 months)
3.1 Aid, Grants, and Entitlements: totalling 2,283,801,845
3.11 Social Security benefits: 121,345,425
3.12 Medicaid/Medicare: 547,120,321
3.13 Emergency Aid: 403,457,900
3.14 Grants: totalling 131,878,200
3.141 For education: 86,121,432
3.142 For small business dreams: 27,121,300
3.143 For experimental research: 17,321,900
3.2 Government Spending: totalling 593,890,220
3.21 Foreign Affairs: 112,398,213
3.22 Defense Ministry: 79,654,390
3.221 Each defense department at 14 million: 64,000,000
3.222 Cyberian Pentagon: 11,354,190
3.223 Experimental Research: 4,300,200
3.23 Treasury Ministry: 75,123,987
3.231 Foreign Aid: 3,400,200
3.232 Federal Reserve: 3,387,450
3.233 Administrative Costs: 3,376,432
3.234 Discretionary Loans: 13,000,000
3.24 Transportation Ministry: 73,290,755
3.241 Cyberian Highway System: 25,447,090
3.25 Justice Ministry: 59,001,345
3.26 Supreme Court budget: 58,225,998
3.27 Chamber of Deputies Administrative Costs: 56,340,586
3.28 Environment Ministry: 18,902,453
3.29 Other Costs
3.291 Admin for Edu. Ministry: 16,773,456
3.19 Administration for Health and Social Security Ministry: 15,977,693
3.19 Trade and Industry: 14,201,344
3.19 Territorial Ministry: 14,000,000
3.3 Miscellaneous Extras, totalling 32,161,532
3.31 White House: 19,026,532
3.32 Traveling Expenses: 10,000,000
3.33 Salaries (virtual money for the real players): 3,135,000
3.331 18 Deputies @ 100,000 each: 1,800,000
3.332 President of Cyberia @ 125,000: 125,000
3.333 10 Cabinet members @ 100,000: 1,000,000
3.334 Chief Justice @ 110,000: 110,000
3.335 Assoc. Justice @ 100,000: 100,000
3.4 Total Spending: 2,909,853,597
Total revenues of ~186,053,669,126 and total spending of ~12,264,501,425 create a total surplus of ~173,789,167,701. This surplus is to be spent during the next session of the Chamber.