2076
in Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent on
(lemmy.world)
I assume "Other purposes" is govt kickbacks to mining and gas companies 😬
Nice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.
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.
They got is sorted mate. They printing more money.