Agent641@lemmy.world to Mildly Interesting@lemmy.world · 1 year agoin Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent onlemmy.worldimagemessage-square231fedilinkarrow-up12.09Karrow-down125file-text
arrow-up12.07Karrow-down1imagein Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent onlemmy.worldAgent641@lemmy.world to Mildly Interesting@lemmy.world · 1 year agomessage-square231fedilinkfile-text
minus-squarecubicle0924@lemm.eelinkfedilinkarrow-up7·edit-21 year 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-squareFluidlinkfedilinkarrow-up6arrow-down1·1 year agoSee “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle
minus-squarecubicle0924@lemm.eelinkfedilinkarrow-up4·1 year agoDerp, I just looked at bar chart breakdown, didn’t see that.
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.