Tuesday, May 31, 2005

Yes, we are being screwed by Labour.

A funny thing happened when browsing through my RSS feeds today. I stumbled across the most recent release of the Tax Outturn Data. I had no idea what it was and was about to delete it when I saw that this data summarised the amount of tax that the government received every month. Since it was lunchtime, I thought I would humour myself and see if anything interesting could be found.

Sure enough, they had a spreadsheet that summarised tax takes on a monthly basis from 1990 through to April 2005. This prompted me do do a little cutting, pasting and formularising, and this it what I found.

I coloured the monthly takes by the Government that was in power at the time. I then calculated a 3 month trailing moving average to smooth it out somewhat - and it brought out the seasonality too.

Frankly, I don't think the graph needs too much explanation. It shows that the current Labour-led Government is milking us dry - as evidenced by the significant monthly tax receipts presented here. I have not adjusted these for inflation as I must get back to work.

Cullen needs to have a tennis ball stuffed in his mouth, have his hands taped to his calculator, and Benson-Pope should stuff this graph where the sun doesn't shine. I imagine it would feel similar to what the rest of us are getting from Labour...


Blogger Antarctic Lemur said...

Nice work.

That's an incredible amount of our money, and where exactly has it all gone?

5/31/2005 02:56:00 PM  
Blogger ZenTiger said...

Well spotted.

I've been hunting around to get historical to current data on expenditure as a percentage of GDP.

If you come across any good sources I'd appreciate the pointer (or you could blog it... :-P )

6/01/2005 07:15:00 PM  
Blogger Bernard Woolley said...

Here is some Reserve Bank GDP data in 95/96 dollar terms. It would probably take a little massaging to compare to Govt expenditure - naming working current expenditure back to 95/96 terms. I may try that tomorrow evening - have a full day at work tomorrow.

6/02/2005 12:35:00 AM  

Post a Comment

<< Home