Iran collected 28.3% of its annual tax target in five months as weaker oil revenue, debt and fragile non-oil growth added fiscal pressure.
  • it_depends_man@lemmy.world
    231·
    3 days ago

    WTF is this headline math.

    The annual target is 100%.

    5 months out of 12 is 41%.

    28% (of the annual) / 41% (What they should expect to collect in 5 months) is 0.68, so roughly 2/3.

    In English: they made 1/3 less money than they expected.

    FFS. People shouldn’t be expected to do this much math, when being given information. I’m doing the journalists homework here?!

    • Pronell@lemmy.world
      4·
      3 days ago

      This is oil taxes, the target is overall budget. The surge in oil taxes is bringing them to their target earlier.

      But yes, the headline is shit. No argument there.