Minecraft creator and fellow Exile Notch banned from 10 year anniversary celebration for wrongthink

"

ScrotieMcB wrote:

The statement that tax revenues would be up 7% is highly misleading. First, it doesn't factor in inflation.

So in real terms including 2% inflation it's about 5% (1.07/1.02). This compared to 2.4% reduction in revenue in real terms, gives you yet again a shortfall of about 7% revenue expected.

That's huge.

Almost as huge as your national debt.