Can someone please help me understand why we are borrowing 300 million a week to repay debt? Doesn't that newly borrowed money have more interest charged on it? We can't even pay the interest on the original loan, how are we ever going to repay that new interest? Where is that money to pay from the interest coming from?
tax legislation passed cutting tax for higher earners and increasing it for lower incomer earners. Now we have decided to increase the minimum wage to boost spending. In turn increasing the governments money.
one big PR spin!
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Can someone please help me understand why we are borrowing 300 million a week to repay debt? Doesn't that newly borrowed money have more interest charged on it? We can't even pay the interest on the original loan, how are we ever going to repay that new interest? Where is that money to pay from the interest coming from?
Scooternz 1 year ago
National stop increasing the debt: 178% GDP 2015
adam60883 1 year ago
I wonder what that $245million is as a percentage of the overall take?
Tvdhakla 3 years ago
"no-one will be affected by this tax cut"
tax legislation passed cutting tax for higher earners and increasing it for lower incomer earners. Now we have decided to increase the minimum wage to boost spending. In turn increasing the governments money.
cpringuer 3 years ago