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re: Feds Collect Record Individual Income Taxes Through August; Still Run $898B Deficit
Posted on 9/14/18 at 9:10 am to Trump_Gump
Posted on 9/14/18 at 9:10 am to Trump_Gump
Understanding economics isnt a strong point of the left
1
Posted on 9/14/18 at 9:41 am to Cosmo
quote:
Understanding economics isnt a strong point of the left
Look who's talking. The fiscal year began in October, well before the tax cuts went into effect. Half of the 11-month period wasn't even under the new rates....
Incomes have not risen substantially over the past year and taxes were cut. At some point, it is mathematically impossible to collect more taxes.
This post was edited on 9/14/18 at 9:42 am
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