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If We Have A Global Recovery Are Tax Receipts Up?

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As we are being bombarded with green shoots talk I was wondering what's happening to tax receipts.

Surely if we have a recovery tax receipts will be up and the need for govt borrowing will be down.

Unless of course we are going to have a debt is wealth recovery which clearly needs far higher govt borrowing to make us all wealthy.

Has the tax take recovered in Germany, France and Japan?

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