Once again - the tax cut is paying for itself. Now I posted a similar posting back in April and BostonUEconFish actually had the ignorance and arrogance to say it was due to tax payments, as if it was the first April in history where tax payments took place. I wonder what DumbAssFish will say about this now...
The federal government collected record total tax revenues of $252,692,000,000 in October, the first month of fiscal 2019, according to the Monthly Treasury Statement released Tuesday.
Despite the record tax collections, the government still ran a deficit of $100,491,000,000 for the month—because it spent $353,183,000,000.
This October’s record $252,692,000,000 in total tax collections was $11,414,590,000 more than the $241,277,410,000 (in constant October 2018 dollars) that the federal government collected in October 2017, which was the previous record for federal tax collections in October.
https://www.cnsnews.com/news/articl...t-record-taxes-october-still-run-100b-deficit
The federal government collected record total tax revenues of $252,692,000,000 in October, the first month of fiscal 2019, according to the Monthly Treasury Statement released Tuesday.
Despite the record tax collections, the government still ran a deficit of $100,491,000,000 for the month—because it spent $353,183,000,000.
This October’s record $252,692,000,000 in total tax collections was $11,414,590,000 more than the $241,277,410,000 (in constant October 2018 dollars) that the federal government collected in October 2017, which was the previous record for federal tax collections in October.
https://www.cnsnews.com/news/articl...t-record-taxes-october-still-run-100b-deficit
