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.
DEMOCRATS LOVE THEIR TAXES, NOW THERE IS ONE FOR BICYCLES … I THOUGHT LIBERALS LOVED TAXES?
The folks in Oregon can’t blame this one on Republicans as Oregon is pretty much all run by Democrats. If it passes, the cost will be shifted to the consumer. Democratic Gov. Kate Brown is expected to sign the sweeping $5.3 billion transportation package, which includes a $15 excise tax on the sale of bicycles costing more than $200 with a wheel diameter of at least 26 inches. Of course I would ask, why shouldn’t bike owners pay taxes that are used for roads? They use the road, don’t they?
In Oregon, a state known for its avid bicycling culture, the state Legislature’s approval of the first bike tax in the nation has fallen flat with riders.
Democratic Gov. Kate Brown is expected to sign the sweeping $5.3 billion transportation package, which includes a $15 excise tax on the sale of bicycles costing more than $200 with a wheel diameter of at least 26 inches.
Even though the funding has been earmarked for improvements that will benefit cyclists, the tax has managed to irk both anti-tax Republicans and environmentally conscious bikers.
It is just comical to hear liberal whine about tax increased for items that they hold dear and affect them. Who buys an $800 bike, the rich?
TRUMP’S MASSIVE TAX CUT PLAN TO BE ANNOUNCED NEXT WEEK …
This is why Trump was elected president, he takes the lead … President Donald Trump surprised Capitol Hill, his staff and his own Treasury officials as Trump announced that he’ll be rolling out his tax package next week. Trump added that it will contain the largest cut in American history. President Trump continued to explain that businesses and individuals will be getting a ‘massive tax cut’ if his plan passes. Without going into detail, Trump asserted that it will be ‘bigger I believe than any tax cut ever.’ As the Right Wing News opines … “WOOT, WOOT!!!”
President Donald Trump says businesses and individuals will receive a “massive tax cut” under a tax reform package he plans to unveil next week.
In an interview with The Associated Press, Trump says the plan will result in tax cuts for both individuals and businesses. He would not provide details of the plan, saying only that the tax cuts will be “bigger I believe than any tax cut ever.”
The president says the package will be released on “Wednesday or shortly thereafter” — just before his 100 day mark in office.
Rachel Maddow’s Big Trump Tax Scoop … Donald Trump Paid A lot in Taxes in 2005 … But a Greater Percentage Than Obama and Bernie Sanders
ARE YOU KIDDING ME … I FELT LIKE I WAS WATCHING GERALDO RIVERA OPEN AL CAPONE’S VAULT.
Last night on MSNBC, Rachel Maddow claimed in having Trump’s tax returns to have the biggest scoop since, hmm, since, well nothing. In their effort to attack, embarrass and continually go after President Donald J. Trump, the LEFT has embarrassed themselves. Thank You Rachel Maddow for this over-hypes “Nothing Burger.” In fact, Rachel Maddow has proves some Democrat and Hillary Clinton 2016 campaign lies that Trump paid no taxes. WRONG, he paid $38 million and an effective tax rate of 25%. Thank you again Racel Maddow, you know who paid less than Trump … why that would be the darlings of the LEFT, Barack Obama and Bernie Sanders.
And much like Geraldo back in the day with his live TV reveal of the contents of Al Copone’s vault, Maddow’s was a similar career suicidal event on live TV. Maybe worse, because she knew what was in the
vault tax returns.
MSNBC host Rachel Maddow spent hours touting a massive scoop: She — or more accurately, veteran investigative reporter David Cay Johnston — had gotten her hands on President Trump’s 2005 federal tax return.
That return, the political universe speculated, might hold the key to unlocking the single biggest mystery surrounding Trump: His financial affairs. After all, this is a president who broke with decades of tradition by refusing to release his tax returns — any of them — during the 2016 campaign, insisting that he was under audit.
The return wasn’t the key. Not even close. (That it took Maddow more than 20 minutes into her show to get to the numbers meant that she was scooped on her own scoop.)
First, the basics: Trump made more than $150 million in 2005 and paid $38 million in taxes that year, according to the two-page summary materials mailed to Johnston this week.
Now, the history: Trump has repeatedly said that he did everything he could to pay as little tax as possible — a position, he insisted, that not only made him smart but also one that lots and lots of voters seemed to agree with. “I fight very hard to pay as little tax as possible,” Trump told ABC in May 2016.
‘Little House on the Prairie’ Actress Melissa Gilbert To Run for Congress in Michigan’s 8th District as a Democrat
Damn, Laura “Half Pint” Ingalls is a Democrat …
51 year old Laura Ingalls is going to run for Congress in 2016 in Michigan’s 8th District. Melissa Gilbert is going to run as a Democrat in a district that has lately become a GOP stronghold in recent elections. Although Laura Ingalls has not held political office before, which is probably a good thing in this day and age, but she was president of the Screen Actors Guild serving two terms from 2001 to 2005. However, it appears that Melissa Gilbert’s campaign may have difficulties before it begins. In June 2015, the Daily Press & Argus in Livingston County reported that the IRS filed a lien against Gilbert, alleging she owes more than $360,000 in back taxes. Who thinks that Michigan Republicans will use this as political ad fodder and rightfully so. One would think that locals in her district might have an issue with this as well, one would think.
Oh those tax and spend liberals and the hypocrisy of it all.
Actress Melissa Gilbert, best known for her portrayal of Laura Ingalls Wilder on NBC’s “Little House on the Prairie” in the 1970s and ‘80s, said Monday she will run for Congress in Michigan’s 8th District — though her campaign will have to tamp down questions about a tax bill.
Gilbert, who lives in Livingston County with her husband, actor Timothy Busfield, is running as a Democrat in a district that has been a Republican stronghold in recent elections: U.S. Rep. Mike Bishop, R-Rochester, won the race to replace former U.S. Rep. Mike Rogers, R-Howell, last year, beating Democrat Eric Schertzing, 54%-42%.
But someone with Gilbert’s celebrity could make a splash, especially when it comes to raising funds for her campaign. Bishop was recently added to the Republican’s Patriot Program, an effort to help potentially vulnerable incumbents maintain their seats in Congress, though it’s unclear why he was marked for such aid.
“I’m running for Congress to make life a little easier for all the families who feel they have fallen through the cracks in today’s economy,” Gilbert said in a statement released on her website, www.gilbertformichigan.com. “I believe building a new economy is a team effort, and we need to bring fresh voices to the table to get the job done.”