The economy is booming! More jobs than can be filled. Once inflation is under control...the US will see incredible growth.
Crude oil prices are plunging. Good times ahead
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US set to see record tax reciepts...due to raises
- Thread starter JimH52
- Start date
The economy is booming! More jobs than can be filled. Once inflation is under control...the US will see incredible growth.
Crude oil prices are plunging. Good times ahead
Once inflation is under control...the US will see incredible growth.
I agree. Unfortunately for Biden and the Dems, it will be under a Republican administration.
oh geezus.....every time they collect taxes it seems to be a "record".....
Turtlesoup
Diamond Member
- Aug 10, 2020
- 15,903
- 16,731
- 2,288
Yes, taxes go up with inflation and democratic leadership---as they spend more and more money that we don't have. This is not a good thing hun.
The economy is booming! More jobs than can be filled. Once inflation is under control...the US will see incredible growth.
Crude oil prices are plunging. Good times ahead
- Jun 18, 2009
- 34,331
- 18,625
- 1,915
Of course. When the taxation pool grows, so too do tax receipts.oh geezus.....every time they collect taxes it seems to be a "record".....
It is simple statistics.
If I have 100 dollars earning 5% a year, I have 105 dollars at the end of that year.
If I have 1,000,000 earning 5%, I'm an idiot for poor investing.
- Jun 18, 2009
- 34,331
- 18,625
- 1,915
Yep. More and more dollars chasing fewer tangible goods.Yes, taxes go up with inflation and democratic leadership---as they spend more and more money that we don't have. This is not a good thing hun.
Gee, don't they have a name for that?
dont tell me...tell jimmy ......Of course. When the taxation pool grows, so too do tax receipts.
It is simple statistics.
If I have 100 dollars earning 5% a year, I have 105 dollars at the end of that year.
If I have 1,000,000 earning 5%, I'm an idiot for poor investing.
- Jun 18, 2009
- 34,331
- 18,625
- 1,915
It was rhetorical. I don't think that Jimmy would understand as he is trying to make a claim of a good economy on the basis of increased tax revenue.dont tell me...tell jimmy ......
- Thread starter
- #10
The economy is booming! More jobs than can be filled. Once inflation is under control...the US will see incredible growth.
Crude oil prices are plunging. Good times ahead
The US government is set to collect a record-high $2.6 trillion in income taxes — and a third of that is because people got raises
The Congressional Budget Office estimates income tax revenue went up by 28% in 2022. It's partially because people were getting paid more.
businessinsider.com
The US government is set to collect a record-high $2.6 trillion in income taxes — and a third of that is because people got raises
The Congressional Budget Office estimates income tax revenue went up by 28% in 2022. It's partially because people were getting paid more.
U.S. Tax Revenue by Year
Here's a record of income for each fiscal year since 1789. Tax receipts fell off during the recession but started setting new records by FY 2013.6| Fiscal Year | Revenue |
|---|---|
| FY 2021 | $3.86 (estimated) |
| FY 2020 | $3.71 trillion (estimated) |
| FY 2019 | $3.46 trillion (actual) |
| FY 2018 | $3.33 trillion |
| FY 2017 | $3.32 trillion |
| FY 2016 | $3.27 trillion |
| FY 2015 | $3.25 trillion |
| FY 2014 | $3.02 trillion |
| FY 2013 | $2.77 trillion |
| FY 2012 | $2.45 trillion |
| FY 2011 | $2.30 trillion |
| FY 2010 | $2.16 trillion |
| FY 2009 | $2.10 trillion |
Oldestyle
Diamond Member
Dude, rampant inflation CRUSHED any raises people got and now to add insult to injury they have to pay more in taxes to the asshats that GAVE them that inflation! Thanks Joe...you did that!
The economy is booming! More jobs than can be filled. Once inflation is under control...the US will see incredible growth.
Crude oil prices are plunging. Good times ahead
Manonthestreet
Diamond Member
- May 20, 2014
- 34,660
- 22,887
- 1,945
Golly we can send more to Ukraine
Manonthestreet
Diamond Member
- May 20, 2014
- 34,660
- 22,887
- 1,945
"The Economy Is Going To Collapse" – Here Are 18 Signs That The Economic Meltdown We Have Been Waiting For Has Already Begun
In all my years of writing, I have never seen more economic pessimism than I am seeing right now. Over the past couple of months there has been a monumental shift in public sentiment, and
theeconomiccollapseblog.com
Cheering about the gubmint getting more money leaves me cold.oh geezus.....every time they collect taxes it seems to be a "record".....
Fort Fun Indiana
Diamond Member
- Mar 10, 2017
- 92,155
- 56,509
- 2,645
Pretty dumb and depserate to say, given that it is not going to last another nearly 3 years.I agree. Unfortunately for Biden and the Dems, it will be under a Republican administration.
Pretty dumb and depserate to say, given that it is not going to last another nearly 3 years.
Never underestimate Joe Biden’s ability to fuck things up.
MAGA is like the scarecrow in Wizard of Oz. If they only had a brain.
Don't say bad things about Scarecrow Joe.
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