The federal government raked in a record of approximately $2,672,414,000,000 in tax revenues through the first ten months of fiscal 2015 (Oct. 1, 2014 through the end of July), according to the Monthly Treasury Statement just released, reports CNSnews.
That equaled approximately $17,955 for every person in the country who had either a full-time or part-time job in July.
Despite the record tax revenues of $2,672,414,000,000 in the first ten months of this fiscal year, the government spent $3,137,953,000,000 in those ten months, and, thus, ran up a deficit of $465,539,000,000 during the period.
-RW
I'm assuming that a large part of that is capital gains taxes from the stock markets? If not, from where?
ReplyDeleteSo they sucked $2.6 trillion out of the private economy, are regulating us to death, and force us to use a deliberately debased currency. Gee, I wonder why the economy is so sluggish...
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