@[email protected] to Mildly [email protected] • 2 years agoin Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent onlemmy.worldimagemessage-square234fedilinkarrow-up12.11K
arrow-up12.09Kimagein Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent onlemmy.world@[email protected] to Mildly [email protected] • 2 years agomessage-square234fedilink
minus-square@[email protected]linkfedilink10•2 years agoNice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.
minus-square@[email protected]linkfedilink7•edit-22 years agoUnfortunately paying the interest on your debt is not the same as paying down the actual (principle) debt. Unless there’s something I’m not seeing. Edit: There was in fact something I wasn’t seeing.
minus-square@[email protected]linkfedilink5•2 years agoSee “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle
minus-square@[email protected]linkfedilink4•2 years agoDerp, I just looked at bar chart breakdown, didn’t see that.
Nice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.
They got is sorted mate. They printing more money.
Un
fortunately paying the interest on your debt is not the same as paying down the actual (principle) debt. Unless there’s something I’m not seeing.Edit: There was in fact something I wasn’t seeing.
See “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle
Derp, I just looked at bar chart breakdown, didn’t see that.