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Thread ID: 93931 2008-10-07 03:52:00 Financial Deficit Happy Harry (321) PC World Chat
Post ID Timestamp Content User
710277 2008-10-07 22:41:00 :angry After seeing the news on TV last night, I can not understand where the money has gone.
Six months ago, we were told by Cullen we had a $2.4 billion surplus that has now, magically turned into a $5.4 billion deficit???
We are not talking about shares on which the value has dropped but actual money/taxes/income that has gone!!
How can this be?? Even if I was a bad gambler, I can't see how I could lose my house, the neighbours’, on either sides, houses or the garage and spa pool of the neighbour over the road.


$5B to the Government is about 10% of the tax take. There'd be lots of private citizens with more than 10% of next years income already tied up on credit card or GE Finance.
PaulD (232)
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