Big Brother's License To Steal: Feds Take Record $1.9 Trillion In Revenue...

paulitician

Platinum Member
Oct 7, 2011
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Still think Big Brother loves you? Well, think again. He only loves your money.


Federal Tax Revenues Set Record Through May; Feds Still Running $436B Deficit

Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal government’s total receipts for the fiscal year closed May at an unprecedented $1,934,919,000,000, according to the Monthly Treasury Statement.

Despite record revenue, the federal government still ran a deficit of $436.382 billion in the first eight months of the fiscal year, which began on Oct. 1, 2013 and will end on Sept. 30, 2014.

In the month of May alone, the federal government ran a deficit of $129.971 billion--bringing in $199.889 billion in revenue while spending $329.860 billion.

The White House Office of Management and Budget has estimated that in the full fiscal 2014, the federal government will collect $3.001721 trillion in taxes, spend $3.650526 trillion, running a deficit of $648.805 billion.

The OMB has also estimated that, while running that deficit, the federal government will collect a record amount in inflation-adjusted tax revenues.

When adjusted for inflation (to constant 2014 dollars), the second-greatest federal tax haul through May was in fiscal 2007. By the end of May that year, the federal government took in approximately 1.908 trillion in total receipts in constant 2014 dollars...

More:
Federal Tax Revenues Set Record Through May; Feds Still Running $436B Deficit | CNS News
DRUDGE REPORT 2014®
 
And all that talk about deficit reduction gets washed away. How do you suppose we are to pay for the Platinum Plated military force? How do you suppose we are to pave roads, repair bridges, eradicate public health problems, provide for the elderly, defend against terrorism, maintain our ports, and the myriad of other services our tax dollars provide?

Taxation is not robbery. It's a civic duty, provided you want to live in our free society.
 
And all that talk about deficit reduction gets washed away. How do you suppose we are to pay for the Platinum Plated military force? How do you suppose we are to pave roads, repair bridges, eradicate public health problems, provide for the elderly, defend against terrorism, maintain our ports, and the myriad of other services our tax dollars provide?

Taxation is not robbery. It's a civic duty, provided you want to live in our free society.

Nothin 'Free' about this Society.
 
And all that talk about deficit reduction gets washed away. How do you suppose we are to pay for the Platinum Plated military force? How do you suppose we are to pave roads, repair bridges, eradicate public health problems, provide for the elderly, defend against terrorism, maintain our ports, and the myriad of other services our tax dollars provide?

Taxation is not robbery. It's a civic duty, provided you want to live in our free society.

Nothin 'Free' about this Society.

Really? Could you expound on this, or is it just a throw away phrase you heard on AM radio?
 
again, only an idiot calls taxation - especially taxation by a duly elected representative government - theft.

How much will be enough for you Goose Stepper thieves?

please, explain how taxation is theft.

Let's see, Big Brother just took in record revenue, yet we're still $18 Trillion in Debt. He's doing a great job huh? I think he should steal more money from the People. It's a wise investment for them, no? Man, you Big Brother-Worshippers really do need to get a grip. :cuckoo:
 
How much will be enough for you Goose Stepper thieves?

please, explain how taxation is theft.

Let's see, Big Brother just took in record revenue, yet we're still $18 Trillion in Debt. He's doing a great job huh? I think he should steal more money from the People. It's a wise investment for them, no? Man, you Big Brother-Worshippers really do need to get a grip. :cuckoo:

you can't answer the question, can you? let's try again.

why do you believe that taxes collected by a duly elected representative government are tantamount to theft?
 

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