Bill, most of the $45 billion is back in the coffers but not through direct taxes.
It is made up of -
1. Late taxes with interest. 2. Anyone lodging a late tax return that had a payable gets hit with a $550 penalty. 3. Family tax benefit payments cease for anyone who recieved back child support payments. 4. GST from all the money spent. People who got $900 didn't spend just the $900. They spent $1100 or $1200. 5. Small businesses that caught up with their BAS and GST obilgations. 6. Employers who caught up with their PAYG withholding obligations. 7. Extra taxes paid by retailers this year because of bigger profits caused by extra spending. Remember Christmas last year. Most people recorded record sales.
