Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January

[shockedcanadian]

Well well well, what have we here...


Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January

CNSNews.com) - The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today.


January was the first month under the new tax law that President Donald Trump signed in December.

During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000.

 

[Harpy Eagle]

This is like the 5th thread on this topic. Please look before you post


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[iamwhatiseem]

This is like the 5th thread on this topic. Please look before you post


Sent from my iPhone using USMessageBoard.com

Read: I am a sore loser.

 

[iamwhatiseem]

BTW - if you want to see for yourself......... https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0118.pdf

 

[Rexx Taylor]

well thats because us 150 Million White racists bought a lot of brand new racist ford vehicles

 

[Cellblock2429]

Well well well, what have we here...


Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January

CNSNews.com) - The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today.


January was the first month under the new tax law that President Donald Trump signed in December.

During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000.

/----/ Why aren't democRATs celebrating this flow of new revenue?

 

[Rexx Taylor]

maybe Call Girls in Vegas were having a record month?

 

[busybee01]

Well well well, what have we here...


Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January

CNSNews.com) - The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today.


January was the first month under the new tax law that President Donald Trump signed in December.

During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000.

Obama was President for 20 days of January. The government ran a surplus of $51 billion. vs $49 billion this year. Even the article you reference states that withholding under the new tax bill did not kick in until February. Some of the revenue loss will not come until tax filing season in 2019. The deficit for this year is already running above last year's deficit.