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bamarep
Alabama Fan
Monkey Town
Member since Nov 2013
31528 posts

Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
LINK

quote:

The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today.

January was the first month under the new tax law that President Donald Trump signed in December.




quote:

During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000.

Despite the monthly surplus of $49,236,000,000, the federal government is still running a deficit of approximately $175,718,000,000 for fiscal year 2018. That is because the government entered the month with a deficit of approximately $224,955,000,000





If you blithering idiots would shut up long enough to notice he's actually trying to fix some of our nation's problems.


Crimson Wraith
Alabama Fan
Member since Jan 2014
6716 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
They don't want the real problems fixed. They want to transform Amerika.


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350
buckeye_vol
Ohio State Fan
Member since Jul 2014
27067 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
They had a larger surplus of 51 billion in JANUARY of last year, with Obama in office for 2/3s of it.

Edit: January of 2017.
This post was edited on 2/13 at 7:20 am


bamarep
Alabama Fan
Monkey Town
Member since Nov 2013
31528 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
Does that make up for the ten TRILLION he added to our debt?


Kucksich lost. Get the frick over it.


Big Chipper
LSU Fan
Charlotte, NC
Member since Sep 2008
1540 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

They had a larger surplus of 51 billion last year, with Obama in office for 2/3s of it.
Huh? Trump was president in January.


Homesick Tiger
LSU Fan
Greenbrier, AR
Member since Nov 2006
33783 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

They had a larger surplus of 51 billion last year, with Obama in office for 2/3s of it.


So it took Obama eight months to do what Trump did in one month? Is that your argument?


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221
buckeye_vol
Ohio State Fan
Member since Jul 2014
27067 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

Does that make up for the ten TRILLION he added to our debt?
Nope.
quote:

Kucksich lost. Get the frick over it.
You know Displaced is th Kasich fan.

Weak deflection though.


buckeye_vol
Ohio State Fan
Member since Jul 2014
27067 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

Huh? Trump was president in January.
Trump took office 2/3s of the way through the month.


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118
bamarep
Alabama Fan
Monkey Town
Member since Nov 2013
31528 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

You know Displaced is th Kasich fan.



Y'all all look alike baw.


roadGator
Florida Fan
Member since Feb 2009
82437 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
OSu fans are all pasty white dudes in OSU jerseys. I can't tell them apart.


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udtiger
LSU Fan
Louisiana
Member since Nov 2006
48087 posts
 Online 

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
Love Trump. Hate progs.

But this is not uncommon since you have final tax year quarterly estimated taxes paid in January.
This post was edited on 2/13 at 7:47 am


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10
LSURussian
LSU Fan
Member since Feb 2005
103596 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
January always has the largest estimated tax payments due on January 15 of each year. My $9,500 created the surplus.


IceTiger
USA Fan
Really hot place
Member since Oct 2007
15613 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

January 15


Early nerds get the worm


90proofprofessional
LSU Fan
Member since Mar 2004
18513 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

If you blithering idiots would shut up long enough to notice he's actually trying to fix some of our nation's problems.




Love the desperate Trumpkin effort to get out ahead of the inevitable ballooning deficits we're about to see.

I'll be revisiting this thread as well as the spending & borrowing data rolls in.


roadGator
Florida Fan
Member since Feb 2009
82437 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:


I'll be revisiting this thread 


No one gives a shite.


LSURussian
LSU Fan
Member since Feb 2005
103596 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

Early nerds get the worm
Not really. The January 15 est payment is the final payment for the previous tax year.


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60
BeeFense5
Chicago Cubs Fan
Kenner
Member since Jul 2010
28669 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

I'll be revisiting this thread as well as the spending & borrowing data rolls in.


Thank god you are here to make sure that no one talks positively about the economy. What a weird thing to do but you be you I guess.


TigerFanatic99
Chicago Cubs Fan
South Bend, Indiana
Member since Jan 2007
10156 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

to run a surplus of approximately $49,236,000,000.


Last time I checked, that's enough to build two walls.


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90proofprofessional
LSU Fan
Member since Mar 2004
18513 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

No one gives a shite.

Well you should, if you care about the credibility of OP's narrative.

If you don't, that reflects poorly on you. Your problem, not mine.


90proofprofessional
LSU Fan
Member since Mar 2004
18513 posts

re: Sorry Proggies, Treasury reports SURPLUS in 1st month of tax cuts
quote:

to make sure that no one talks positively about the economy

talking positively is one thing

misleading is quite another, whether intentional or not

we'll see what deficits look like after a little more time passes, and the result is predictable. as is the fact that Trump apologists will stay away from that.
quote:

What a weird thing to do but you be you I guess

translation: SHUT UP SHUT UP SHUT UP


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