Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

$2,672,414,000,000: Federal Taxes Set Record Through July […] Feds Still Run $465.5B Deficit
Cybercast News Service ^ | August 12, 2015 | 2:30 PM EDT | Terence P. Jeffrey

Posted on 08/13/2015 9:22:50 AM PDT by Olog-hai

The federal government raked in a record of approximately $2,672,414,000,000 in tax revenues through the first ten months of fiscal 2015 (Oct. 1, 2014 through the end of July), according to the Monthly Treasury Statement released today.

That equaled approximately $17,955 for every person in the country who had either a full-time or part-time job in July. […]

Despite the record tax revenues of $2,672,414,000,000 in the first ten months of this fiscal year, the government spent $3,137,953,000,000 in those ten months, and, thus, ran up a deficit of $465,539,000,000 during the period. …

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS: deficit; degrowth; liberalagenda; obama
Full title: $2,672,414,000,000: Federal Taxes Set Record Through July; $17,955 Per Worker—Feds Still Run $465.5B Deficit
1 posted on 08/13/2015 9:22:50 AM PDT by Olog-hai
[ Post Reply | Private Reply | View Replies]

To: Olog-hai

Not only are future earners being killed, dissected, and sold for parts... but their wealth confiscated as well.


2 posted on 08/13/2015 9:25:26 AM PDT by C210N (When people fear government there is tyranny; when government fears people there is liberty)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

Lord knows every single dollar was well spent!

/S


3 posted on 08/13/2015 9:26:00 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

How long will we allow this? Must get a balanced budget ASAP. Congress critters need to act, but I’m not holding my breath.


4 posted on 08/13/2015 9:31:33 AM PDT by Bobby_Taxpayer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

Well,the Feds must be doing something right-the national debt hasn’t gone up in months. /S


5 posted on 08/13/2015 9:33:36 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

Money that was stolen from American workers. I can no longer tell which are the bigger thieves, ‘RAT politicians or the illegal alien invaders.


6 posted on 08/13/2015 9:33:55 AM PDT by FlingWingFlyer (Cecil the Lion says, Stop the Slaughter of the Baby Humans!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: C210N
my wealth is being eroded....the tax bills we pay are enormous even with our little bit of income....

too poor to go out and buy properties and too rich to avoid the taxes...

7 posted on 08/13/2015 9:35:11 AM PDT by cherry
[ Post Reply | Private Reply | To 2 | View Replies]

To: Olog-hai

Yup. The intake is in no way enough to fund all bernie or hildebeast plans. I see an obvious need to tax the crap out of middle and lower income folks to make up the required amount. Whatever that is.


8 posted on 08/13/2015 9:36:25 AM PDT by rktman (Served in the Navy to protect the rights of those that want to deprive me of mine. Kinda weird.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

Back to the basics. The Congress controls the purse strings....correction the REPUBLICAN CONGRESS holds the purse string. Time for a businessman to step in as apparently Politicians from both sides haven’t a clue.
Go Trump!


9 posted on 08/13/2015 9:38:07 AM PDT by IC Ken
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bobby_Taxpayer

The only thing that the Congresscritters will “act” on is preventing the bigger-than-ever federal leviathan government from shutting down.


10 posted on 08/13/2015 9:38:31 AM PDT by Olog-hai
[ Post Reply | Private Reply | To 4 | View Replies]

To: Olog-hai
Despite the record tax revenues of $2,672,414,000,000 in the first ten months of this fiscal year, the government spent $3,137,953,000,000 in those ten months, and, thus, ran up a deficit of $465,539,000,000 during the period. …

This obviously is a cue for the federal government to create a Czar run bureaucracy for "daffecit" spending concerns to help stabilize our economy.

/MS

11 posted on 08/13/2015 9:48:13 AM PDT by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

Thank the Federal Reserve and our financial-political system based on printed, unbacked currency, and debt.

A fiat currency is always and everywhere the foundation of dictators, social-engineers, and the nanny-state.


12 posted on 08/13/2015 11:10:26 AM PDT by PGR88
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

Good lord. I’d like to see a breakdown of the spending.


13 posted on 08/13/2015 11:15:45 AM PDT by thefactor (yes, as a matter of fact, i DID only read the excerpt)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson