U.S Government Collects Record Taxes $443,715,000,000 Through November and Still Run $201.8B Deficit
HOW IS THIS FRIGGING POSSIBLE … WHEN ARE THESE DIRT BAG POLITICIANS GOING TO ADMIT WE HAVE A SPENDING PROBLEM?
CNS News is reporting that the federal government collected record total tax revenues of $443,715,000,000 in the first two months of fiscal 2018 and still ran a deficit of $201,761,000,000 for those same two months. WTF!!! How is this possible? What the hell does Washington DC expect from We the People? The answer can’t be let’s just tax the piss out of the people and business even more. The fact is that because the economy is booming, more and more revenues will be coming into the government and they will still be under water. This is a pox on all of your Houses, Democrat, Republican and so-called Independent socialists. Enough is enough!
How is it that private sector businesses are doing more without these days through innovation, yet the federal government just keeps growing and growing? Why is it that families in the United States have to make ends meet and do without when they can’t afford things? But not the out of control federal government. This cannot continue to happen. There have got to be spending cuts in government. Pensions for government employees, other than military need to go. Every department needs to but their budgets by 30%, except military. Honestly, how did we get to this? Sadly, there will never be any tough changes because of the nature of dirty opposition politics. Because neither party, nor both together, is willing to do the right thing for the country. It now seems that both parties just want to collect more and more monies and redistribute it to others and in the process continue this out of control spending. The government has got too big and it is time to regulate government, not business or We the People.
The federal government collected record total tax revenues of $443,715,000,000 in the first two months of fiscal 2018 (Oct. 1, 2017 through the end of November), according to the Monthly Treasury Statement.
Despite these record tax revenues, the federal government still ran a deficit of $201,761,000,000 for those same two months.
That is because the government spent $645,476,000,000 in October and November.
The $443,715,000,000 that the federal government collected in taxes in the first two months of this fiscal year was $12,873,120,000 more in constant 2018 dollars than it collected in the first two months of fiscal 2017 and $11,352,180,000 more than it collected in the first two months of fiscal 2016.
Prior to this year, the $432,362,820,000 in total taxes (in constant 2018 dollars) that the federal government collected in the first two months of fiscal 2016 was the greatest amount of taxes the federal government had ever collected in the first two months of a fiscal year.