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Government Revenue
Comments
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We should be spending and lending - let's create some major growth0
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Wait, i thought the labour bummers said that tax receipts would fall if you make spending cuts.
Looks like the coalition is doing a good job, managing to make cuts whilst increasing revenue.Faith, hope, charity, these three; but the greatest of these is charity.0 -
moneyinmypocket wrote: »We should be spending and lending - let's create some major growth
Perhaps we should be content with what we have got and look to maintain it."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
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A 4.6% per annum compound increase in tax revenue is very greedy of government, on the limit of what is feasible given the 5%pa increase in money supply that the Bank of England targets.
It's only when you look at government spending, though, that you can see the politicians and bureaucrats deserve to be put in stocks."The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.0 -
There haven't been any cuts.
Weird situation where just not increasing spending is described as a cut.0 -
All that says to me is, freeze or cut state pension and cut NHS spending.
They have killed the goose that laid the golden egg.0 -
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It's quite difficult to draw any conclusions really however as the trend line doesn't take into account any other periods of economic difficulty.
It wasn't posted to help people draw informed conclusions it was posted entirely as an attempt to baffle people with bs and bring them around to the position Hamish has decided is right and won't budge from.
Anyone with more than rudimentary mathematical/economic knowledge, including I suspect Hamish, would know that chart projection means nothing.Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...0 -
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