Federal Tax Revenue Sets New Record in October, Revenue Higher This Year Than Last Year

[mikegriffith1]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

 

[ColonelAngus]

Must be a lie,

Trump is crashing the economy.

Taxes should be 150% for the rich.

 

[Doc1]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

It's the spending. NOBODY in the Political Class wants to curb it, they ALL work for the same folks.

 

[Manonthestreet]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

It's the spending. NOBODY in the Political Class wants to curb it, they ALL work for the same folks.

I'm sure dem congress will get right on it

 

[Rambunctious]

Government getting out of the way of business is good for everyone....I so wish that liberals would learn that one simple thing...if they would life on earth would improve for all...

 

[Doc1]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

It's the spending. NOBODY in the Political Class wants to curb it, they ALL work for the same folks.

I'm sure dem congress will get right on it

There is no distinction between Pubs and Dems. The "wars" won't stop.

 

[Oddball]

They've done nothing to deserve it.

 

[ColonelAngus]

I am sure the new house will cut spending and have a zero deficit when they are in charge of the country’s purse strings, right?

 

[Harpy Eagle]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

That is correct, tax revenue did go down, after the tax cut. Only 3 months since the tax cut has kicked in were larger than their counterparts in 2017.

Monthly Treasury Statement


Between Jan and Oct of 2017 total tax revenue was $2,809,463,000,000

Between Jan and Oct of 2018 total tax revenue was $2,802,925,000,000

 

[Oddball]

Government getting out of the way of business is good for everyone....I so wish that liberals would learn that one simple thing...if they would life on earth would improve for all...

But they haven't got themselves out of the way...They just scooched over a bit.

 

[Harpy Eagle]

I am sure the new house will cut spending and have a zero deficit when they are in charge of the country’s purse strings, right?

Why would they? Neither party gives a shit because they know you folks will keep voting them into office no matter how big the debt gets.

 

[Oddball]

I am sure the new house will cut spending and have a zero deficit when they are in charge of the country’s purse strings, right?

And monkeys might fly out my butt.

 

[Rambunctious]

Government getting out of the way of business is good for everyone....I so wish that liberals would learn that one simple thing...if they would life on earth would improve for all...

But they havn't got themselves out of the way...They just scooched over a bit.

I know but its in the right direction...

 

[ColonelAngus]

Dimms will not ever cut spending,

They want to tax $5000000000000000000000000000000000 and spend $5000000000000000000000000000000000 per year because it means more power.

 

[Harpy Eagle]

Dimms will not ever cut spending,

They want to tax $5000000000000000000000000000000000 and spend $5000000000000000000000000000000000 per year because it means more power.

The only difference between the Dems and the Repubs is what they want to spend money on

Neither will ever cut spending until the voters quit putting them back in office.

 

[Mikeoxenormous]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

The "financial experts" I always have issues with that term as "Experts" always under estimate or over estimate, all the time, but I digress, are predicting for the first time in US history that this Christmas season can bring in over 1 trillion dollars of sales....

Report: US consumers are going to spend $1 trillion this Christmas for the first time

Unless the "Socialist Democrats" monkey it up for US...

What is the difference between beer nuts and reindeer nuts?

Beer nuts are around $2.00
Reindeer nuts are under a buck.

 

[Doc1]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

The "financial experts" I always have issues with that term as "Experts" always under estimate or over estimate, all the time, but I digress, are predicting for the first time in US history that this Christmas season can bring in over 1 trillion dollars of sales....

Report: US consumers are going to spend $1 trillion this Christmas for the first time

Unless the "Socialist Democrats" monkey it up for US...

What is the difference between beer nuts and reindeer nuts?

Beer nuts are around $2.00
Reindeer nuts are under a buck.

I like Beer Nuts.

 

[rightwinger]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

Really?
Then why is the deficit approaching a trillion dollars?

 

[Mikeoxenormous]

I am sure the new house will cut spending and have a zero deficit when they are in charge of the country’s purse strings, right?

And monkeys might fly out my butt.

Better watch what you say, Bruce almighty just might grant your wish...

 

[Harpy Eagle]

The federal government collected record taxes in October, breaking the previous record for taxes collected in the month of October. Gee, liberals swore to us that tax revenue would drop because of the Trump tax cuts.

Feds Collect Record Taxes in October; Still Run $100B Deficit

In fact, federal revenue was higher for FY 2018 than it was for FY 2017:

Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

Opinion | Tax Revenues Are Higher

Really?
Then why is the deficit approaching a trillion dollars?

Approaching? Are you on drugs?

Trump added 1.27 trillion in the previous FY and the forecast for the CY is 1.4 trillion.