Mildly Interesting

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This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.

This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?

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in Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent on (lemmy.world)

submitted 1 year ago by Agent641@lemmy.world to c/mildlyinteresting@lemmy.world

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I assume "Other purposes" is govt kickbacks to mining and gas companies 😬

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[–] Zozano@lemmy.world 10 points 1 year ago (2 children)

Nice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.

[–] cubicle0924@lemm.ee 7 points 1 year ago* (last edited 1 year ago) (1 children)

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.

[–] Fluid@aussie.zone 5 points 1 year ago (1 children)

See “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle

[–] cubicle0924@lemm.ee 4 points 1 year ago

Derp, I just looked at bar chart breakdown, didn't see that.

[–] yoz@aussie.zone 5 points 1 year ago

They got is sorted mate. They printing more money.