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$416,014,000,000: Federal Taxes Set Record in First 2 Months of FY16 […] Still Run $201.1B Deficit
Cybercast News Service ^ | December 10, 2015 | 3:39 PM EST | Terence P. Jeffrey

Posted on 12/10/2015 5:42:15 PM PST by Olog-hai

The federal government continued to collect taxes at an unprecedented pace in the beginning of fiscal 2016, raking in a record of approximately $416,014,000,000 in revenues through the first two months of the fiscal year (Oct. 1, 2015 through the end of November), according to the Monthly Treasury Statement released today.

In the entirety of fiscal 2015, which ended on Sept. 30, the federal government collected a record $3,248,723,000,000, which worked out to about $21,833 for every person who held a job in the country as of September.

The record-setting $416,014,000,000 in taxes that the federal government collected in just the first two months of this fiscal year equals approximately $2,785 for every person in the country who had either a job in November. ...

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


TOPICS: Crime/Corruption; Government; US: District of Columbia
KEYWORDS: clowardandpiven; fiscalcliff; nationaldebt; obama
Full title: $416,014,000,000: Federal Taxes Set Record in First 2 Months of FY16; $2,785 Per Worker; Feds Still Run $201.1B Deficit

It’s just a “paying-for problem”, don’t forget; absolutely not a spending problem.

1 posted on 12/10/2015 5:42:15 PM PST by Olog-hai
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To: Olog-hai

200 Billion debt in 2 months simple projection to 1.2 Trillion for the fiscal year.

One of the tricks the establishment may use (and has used in the past) is to take half of the 1.2 T and use it to paydown the 1.2 T, then brag in the press that the deficit was cut in half! Nice logic eh?


2 posted on 12/10/2015 7:01:16 PM PST by Hostage (ARTICLE V)
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To: Olog-hai

where does all the money go ?


3 posted on 12/10/2015 7:01:59 PM PST by butlerweave
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To: Olog-hai

Meanwhile we imported a huge amount of things, which were manufactured overseas.

Bring back American manufacturing.


4 posted on 12/10/2015 7:02:35 PM PST by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Cringing Negativism Network

The Uniparty doesn’t want it back. They are full speed ahead with Cloward/Piven.


5 posted on 12/10/2015 7:04:45 PM PST by Olog-hai
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To: Olog-hai

No matter how much they take, it will never be enough.


6 posted on 12/10/2015 8:09:06 PM PST by spodefly (This is my tag line. There are many like it, but this one is mine.)
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To: Olog-hai

As far as obama is concerned, the State owns everything; you’re just allowed to keep a little of what you earn in order to feed yourself and your family so you can continue to work for the State.


7 posted on 12/11/2015 1:34:04 AM PST by Jack Hammer
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To: Olog-hai

And this does not even take into consideration the $85 Billion A MONTH the Fed is stealing.


8 posted on 12/11/2015 3:51:08 AM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: Olog-hai
Still Run $201.1B Deficit

Does anyone really think that headline would be any different if a Republican was in the White House?

9 posted on 12/11/2015 3:54:46 AM PST by DoodleDawg
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To: DoodleDawg

A RINO, no. And never.

A conservative could turn it around with the will to do so; but then again, being a conservative is an act of sheer will (and faith) these days, so I repeat myself.


10 posted on 12/11/2015 7:44:38 AM PST by Olog-hai
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