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Old 13-07-2019, 01:20 PM   #1
MattSAU2XR8
Regular Member
 
Join Date: Oct 2010
Location: Perth
Posts: 391
Default Tax cut vs increaesed credit

Noticed recently in the news that we are all (or most of us) going to be getting a tax cut of up to $1000 per year...

But government debt for which we are liable is continuing to grow.

So it seems to me that what the government is doing is continuing to spend money, much of which is difficult to avoid I concede, and then borrowing some more money from a third party and lending it to us and calling it a tax cut?

Interested in people's thoughts...
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