12million taxpayers with a 300 billion loan, page-74

kincella, using your figures, NBN $36 billion cost /12 million tax payers = $3,000 ($3,000/8 year project life = $375 per year per tax payer).

Or to take it further, NBN $26 billion tax payers money / 12 million = $2,167 (x Individual taxation share of 39% = $845/ 8 year project life = $106 per year per individual tax payer).

kincella, so on average it is costing the 12 million individual tax payers $106 per year to build the NBN.



kincella, as far as debt goes, LNP supported the debt so no matter who was in power we would still have debt. Though the LNP claimed they would have had $27 billion less debt.

The debt was going to happen regardless. With the current debt around 36% of the governments 2012-13 annual income, you are only arguing a difference of around 7% of the governments annual income.


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"...this scenario happens everytime labor gain power, then when the liberals take over, we have to go through years of pain, to pay back the bill, that labor ran up...kincella"


kincella a history lesson, all verifiable.
Whitlam handed a surplus over to the LNP, Treasurer Howard handed over a debt to Labor.
Labor handed over a debt to Howard, which was a combination of Treasurer Howard's debt and Labor's debt.
Howard paid off both debts, partly through higher taxes and asset sales.