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Breaking News Home | All | Religion | Society | Tech | Choice | SA News
FRONT PAGE  |  2/12/2016
TUESDAY, MAR 18, 2014  |  6 comments
Tax Revenues Hit Record in First 5 Months of FY14

Inflation-adjusted federal tax revenues hit a record $1,104,947,000,000 in the first five months of fiscal 2014, but the federal government still ran a $377,379,000,000 deficit during that time, according to the Monthly Treasury Statement for February.

Each month, the Treasury publishes the government’s “total receipts,” including all revenue from individual income taxes, corporate income taxes, social insurance and retirement taxes (including Social Security and Medicare taxes), unemployment insurance taxes, excise taxes, estate and gift taxes, customs duties, and “miscellaneous receipts.” ...


CLICK HERE to Read Entire Article
cnsnews.com

Response to economic crisis?
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· Page 1 ·  Found: 6 user comment(s)
News Item3/18/14 6:12 PM
Strat  Find all comments by Strat
Spent before it ever got there.
6

News Item3/18/14 2:25 PM
Mike | New York  Find all comments by Mike
From the news:
"Inflation-adjusted federal tax revenues hit a record $1,104,947,000,000 in the first five months of fiscal 2014, but the federal government still ran a $377,379,000,000 deficit during that time, according to the Monthly Treasury Statement for February."

So the record revenues are short of record spending by $377,379,000,000. I'm not sure that is anything to get excited about.

5

News Item3/18/14 11:50 AM
GSTexas  Find all comments by GSTexas
Jim has hearing of the liberal persuasion.
4

News Item3/18/14 10:14 AM
Humor  Find all comments by Humor
Unprofitable Servant wrote:
Are you paying attention Jim? It is NOT a revenue problem , it IS a spending problem
Jim listening intently
3

News Item3/18/14 8:04 AM
Unprofitable Servant | Georgia  Find all comments by Unprofitable Servant
Are you paying attention Jim? It is NOT a revenue problem , it IS a spending problem
2

News Item3/18/14 5:57 AM
R. K. Borill | Baton Rouge, Louisiana  Protected NameFind all comments by R. K. Borill
"Tax Revenues Hit Record in First 5 Months of FY14"

Passers by the White House heard cheers, shouts, and voices proclaiming yeeha!! More money to spend!!!

1
There are a total of 6 user comments displayed | add new comment |Subscribe to these comments
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