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re: Feds Collect Record Individual Income Taxes Through August; Still Run $898B Deficit

Posted on 9/14/18 at 9:21 am to
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/14/18 at 9:21 am to
oh, and check this out for good measure.

as we love to point out, tax revenues grow with a growing economy.

and as we also love to point out, growth is fast this year.

but look at how income tax revenue growth mysteriously slowed this year despite that:



adjusting for inflation that slowdown is even clearer:



corporate obviously shows a huge decline no matter how you view it

and has spending decelerated as well? lmao of course not
This post was edited on 9/14/18 at 9:22 am
Posted by NC_Tigah
Member since Sep 2003
125553 posts
Posted on 9/14/18 at 9:33 am to
quote:

oh, and check this out for good measure.
Despite IC revenues, overall tax revenues are slightly down. Spending is way up.
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