AfterNova@lemmy.world to No Stupid Questions@lemmy.world · 2 months agoWhere does the revenue gathered from taxes go and what is national debt?message-squaremessage-square41linkfedilinkarrow-up164arrow-down12
arrow-up162arrow-down1message-squareWhere does the revenue gathered from taxes go and what is national debt?AfterNova@lemmy.world to No Stupid Questions@lemmy.world · 2 months agomessage-square41linkfedilink
minus-squarehera@feddit.uklinkfedilinkEnglisharrow-up1·2 months agoWhen we get our annual tax summary in the UK they give us a summary of where tax was spent, this page explains how they calculate it and there is a table of where the money was spent 2023-2024: https://www.gov.uk/government/publications/how-public-spending-was-calculated-in-your-tax-summary/how-public-spending-was-calculated-in-your-tax-summary
minus-squareAfterNova@lemmy.worldOPlinkfedilinkarrow-up1·2 months agoHow do governments deficit spend?
When we get our annual tax summary in the UK they give us a summary of where tax was spent, this page explains how they calculate it and there is a table of where the money was spent 2023-2024: https://www.gov.uk/government/publications/how-public-spending-was-calculated-in-your-tax-summary/how-public-spending-was-calculated-in-your-tax-summary
How do governments deficit spend?