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perhaps you can show me where we had a reduction of revenue?
because I'm not seeing it.
I know this is all still a ratio thingy above instead of actual numbers, but I thought that you may like to see the above graph which shows that the revenue decreased as a percentage of GDP. Of course, revenue may have actually increased less quickly than the GDP and we would get a similar graph.
But I thought you might find the graph interesting and relevant to your point about the change in govt receipts. This indicates that there MAY have been a "reduction of revenue" that you are "not seeing."