government revenue grows 24% since 2008, page-5

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    AP, an example to explain the lost or forgone revenue:

    Pretend Scenario:

    1. Pre-GFC yearly revenue increase = $10 p.a.
    2. Post-GFC yearly revenue increase = $5 p.a.

    The lost or forgone revenue, say, 5 years post GFC therefore = ($10 - $5) x 5 = $25.

    All while population growth keeps on keeping on so demand for expenditure is a freight train that is hard to stop.
 
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