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Tuesday, September 15, 2015

$2,883,250,000,000: Federal Taxes Set Record Through August; $19,346 Per Worker; Feds Still Run $530B Deficit

(CNSNews.com) - The federal government raked in a record of approximately $2,883,250,000,000 in tax revenues through the first eleven months of fiscal 2015 (Oct. 1, 2014 through the end of August), according to the Monthly Treasury Statement released Friday.

That equaled approximately $19,346 for every person in the country who had either a full-time or part-time job in August.

It is also up about $198,425,330,000 in constant 2015 dollars from the $2,684,824,670,000 in revenue (in inflation-adjusted 2015 dollars) that the Treasury raked in during the first eleven months of fiscal 2014.

Despite the record tax revenues of $2,883,250,000,000 in the first eleven months of this fiscal year, the government spent $3,413,210,000,000 in those eleven months, and, thus, ran up a deficit of $529,960,000,000 during the period.

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1 comment:

lmclain said...

EVERY working person has already given them almost $20,000 and we are still 18 TRILLION in debt? And they haven't finished the "taking" yet, either.
They need hanging.
Immediately.
Instead, you just keep voting these thieves back into office, no matter how totally incompetent they are, no matter how much they cheat and steal from "we, the people".
Say it to yourself a few times.......$18 trillion in debt.....$18 trillion dollars in debt.....$18 TRILLION dollars ....IN DEBT!
Make sure you pay those taxes and whatever else you do,
Keep cheering.