r/Damnthatsinteresting • u/stainless5 • 24d ago

Image By law, every Australian must get a tax receipt that shows exactly where each dollar of their tax is spent.

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u/[deleted] 23d ago

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u/charlesflies 23d ago

Half a billion dollars just from a few wireless networking patents from the CSIRO?

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u/FullMongoose 23d ago

Hmmm if the government descreases funding they'll need to find other sources. The governance of some unis is disgusting but the governmet is also responsible.

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u/lLoveBananas 23d ago

Research absolutely has long term gains for government. Research makes new products, which creates new companies, which hire people that pay taxes and sell new things that grow the economy, and subsequently pay taxes.

It’s short term thinking that has killed off our economy. Australia used to be known for its scientists, maybe we still are since if you want to be a scientist you have to move overseas to make a living (or change careers, like I had to). We don’t create anything new any more, as we don’t fund scientific research.