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What most Budget coverage probably glossed over


Every year, when the Federal Budget papers are distributed, there is buried in the midst of them a couple of graphs that should get more attention.

They don’t reveal all that much from a tax technical perspective, but from a tax-paying citizen’s viewpoint the data revealed gives more than passing interest.

Here they are reproduced below — where the government gets its money, and where it spends it. This give-and-take snapshot is for the 2017-18 financial year.

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Every year, when the Federal Budget papers are distributed, there is buried in the midst of them a couple of graphs that should get more attention. They don’t reveal all that much from a tax technical perspective, but from a tax-paying citizen’s viewpoint the data revealed gives more than passing interest. Here they are reproduced below — where the government gets its money, and where it spends it. This give-and-take snapshot is for the 2017-18 financial year. Every year, when the Federal Budget papers are distributed, there is buried in the midst of them a couple of graphs that should get more attention. They don’t reveal all that much from a tax technical perspective, but from a tax-paying citizen’s viewpoint the data revealed gives more than passing interest. Here they are reproduced below — where the government gets its money, and where it spends it. This give-and-take snapshot is for the 2017-18 financial year. Every year, when the Federal Budget papers are distributed, there is buried in the midst of them a couple of graphs that should get more attention. They don’t reveal all that much from a tax technical perspective, but from a tax-paying citizen’s viewpoint the data revealed gives more than passing interest. Here they are reproduced below — where the government gets its money, and where it spends it. This give-and-take snapshot is for the 2017-18 financial year.

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