Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

YEAR-TO-DATE RECEIPTS UP 10%
U.S. Treasury ^ | March 05, 2007 | avacado

Posted on 03/05/2007 8:12:43 AM PST by avacado

According to the U.S. Treasury's "Monthly Treasury Statement" -- which they release every month ten days into each month -- the year-to-date statement for the recent months of October, November, December, and January show a 10% increase in receipts taken in by the Treasury from the same months of the past fiscal year. In addition, the months of December and January show a surplus of $41 billion and $38 billion respectively. This is a total surplus gain of about $50 billion from the same months of the past fiscal year.


TOPICS: Business/Economy; Miscellaneous; Reference
KEYWORDS: economy; revenue; surplus; taxes
I like to check the U.S. Treasury monthly statements and look at the raw data and thought others might enjoy this information. We all know that the MSM isn't going to report it.
1 posted on 03/05/2007 8:12:44 AM PST by avacado
[ Post Reply | Private Reply | View Replies]

To: avacado
A Laffer Curve Phenomenon: Lower taxes and revenues INCREASE at critical Laffer Curve excessive taxation locations.

The scientific evidence proves that we are grossly overtaxed.


2 posted on 03/05/2007 8:27:32 AM PST by FormerACLUmember
[ Post Reply | Private Reply | To 1 | View Replies]

To: avacado

Conversely, if the crooked democrats remove the Bush tax cuts, then revenues will absolutely DROP, according to the Laffer Curve.


3 posted on 03/05/2007 8:29:36 AM PST by FormerACLUmember
[ Post Reply | Private Reply | To 1 | View Replies]

To: FormerACLUmember
"Conversely, if the crooked democrats remove the Bush tax cuts, then revenues will absolutely DROP, according to the Laffer Curve."

I have some liberal friends -- rabid Bush haters -- and I showed them how their federal income taxes were reduced by 8% and that they are getting an extra $500 child credit. They have 3 kids. They hate Bush so much that all they could muster up was a lame reply of: "Well, we have to give it all back to pay for Bush ruining the economy."

Arrrrrrrrrggggh! I hate to admit it by my friends are morons.

4 posted on 03/05/2007 8:35:31 AM PST by avacado
[ Post Reply | Private Reply | To 3 | View Replies]

To: FormerACLUmember

lower tax rates = higher tax revenue (to an extent, of course) is way too simple of a concept for the democrats...it must be a conspiracy!


5 posted on 03/05/2007 8:38:15 AM PST by Zeppelin (Keep on FReepin' on...)
[ Post Reply | Private Reply | To 2 | View Replies]

To: avacado

I have experienced the exact same phenomenon. Liberals are hopelessly beyond reason.


6 posted on 03/05/2007 8:46:05 AM PST by FormerACLUmember
[ Post Reply | Private Reply | To 4 | View Replies]

To: Zeppelin

The left consists of mind-numbed robots, incapable of logical thought.


7 posted on 03/05/2007 8:47:02 AM PST by FormerACLUmember
[ Post Reply | Private Reply | To 5 | View Replies]

To: avacado

Bush's fault.


8 posted on 03/05/2007 9:30:28 AM PST by pissant (http://www.gohunter08.com/)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pissant

they're gonna get a TON from me on April 16th, unfortunately


9 posted on 03/05/2007 9:33:11 AM PST by nascarnation
[ Post Reply | Private Reply | To 8 | View Replies]

To: nascarnation

Yep. Me too. But less than they were getting a few years ago, thank God.


10 posted on 03/05/2007 9:34:05 AM PST by pissant (http://www.gohunter08.com/)
[ Post Reply | Private Reply | To 9 | 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
General/Chat
Topics · Post Article

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