The Forum > Article Comments > Government's mature age push fades to grey > Comments
Government's mature age push fades to grey : Comments
By Malcolm King, published 11/6/2013According to the 2010 Intergenerational Report, the worst-case scenario is that by 2050, government spending will outstrip revenue by 2.75 per cent of GDP.
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Which if set at just 4.8%, would raise much more net revenue!
Increasing the tax take would then be as simple as growing the economy, rather than the tax paying population base!
Rhrosty.