Chiron17@lemmy.worldtoMildly Interesting@lemmy.world•in Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent on
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1 year agoSo what they do is take your tax and apportion it over by the Expense and Net Captial Investment Statement in Budget Paper 1 (usually Statement 6).
It’s dead simple to do and really helps communicate where your money is going in general terms.
It was a Joe Hockey initiative.
Yeah, right? OP needs to change the formatting on the second last column and the last column looks like a monthly payment expressed as a % of annual income?