My first Federal Budget

Look here to see my first Australian Federal Budget. In a nutshell I have:

  • set a flat tax rate of 25%, as opposed to a graduated tax rate. I could probably have raised company tax to 30% though.
  • decreased welfare spending to about 2/3rds of last year
  • delivered a $5B budget surplus as opposed to a $6B deficit

Would this work? Who knows. We can be glad it’s a game, and glad that I am not in charge of the Australian economy.

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