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$765,645,000,000: FY2016 Taxes Set Record Through December; $5,107 Per Worker; Feds Still Run…
Cybercast News Service ^ | January 13, 2016 | 5:14 PM EST | Terence P. Jeffrey

Posted on 01/13/2016 5:38:34 PM PST by Olog-hai

The federal government took in a record of approximately $765,645,000,000 in tax revenues in the first three months of fiscal 2016 (Oct. 1, 2015 through Dec. 31, 2015), according to the Monthly Treasury Statement released today.

That equaled approximately $5,107 for every person in the country who had either a full or a part-time job in December.

It is also an increase of about $24,288,810,000 in constant 2015 dollars from the $741,356,190,000 in revenue (in constant 2015 dollars) that the Treasury took in during the first three months of fiscal 2015. ...

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


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS:
Full title: $765,645,000,000: FY2016 Taxes Set Record Through December; $5,107 Per Worker; Feds Still Run $215.5B Deficit

And still bigmouth RINOs will try to pretend being against that after enabling it.

1 posted on 01/13/2016 5:38:34 PM PST by Olog-hai
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To: Olog-hai

Been paying my share since 1971 ...

https://www.youtube.com/watch?v=U7-a4N4MjME&list=PL426YtJGf0kkw7W0j5VFWlnLdc95tQ1cn&index=57


2 posted on 01/13/2016 5:40:38 PM PST by soycd
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To: Olog-hai

Feds Still Run $215.5B Deficit. Hoe many of O’Bamas Family “Vacations”/Golf Games/Michels shopping trips by Air Force 1 is that?


3 posted on 01/13/2016 5:50:23 PM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: SandRat

How long will hard working Americans will be enablers?


4 posted on 01/13/2016 5:55:16 PM PST by ActresponsiblyinVA
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To: Olog-hai

No matter how much is taken by the Leviathan, it will not be enough ...


5 posted on 01/13/2016 5:56:14 PM PST by spodefly (This is my tag line. There are many like it, but this one is mine.)
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To: ActresponsiblyinVA
How long will hard working Americans will be enablers?

As long as we continue to let them. When enough people decide to revolt against the tax system and refuse to write checks to the IRS, then, and only then will we be freed slaves.

6 posted on 01/13/2016 6:07:04 PM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Olog-hai


7 posted on 01/13/2016 6:16:15 PM PST by Iron Munro (The wise have stores of choice food and oil but a foolish man devours all he has. Proverbs 21:20)
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To: Iron Munro

What a difference a decade makes, eh.


8 posted on 01/13/2016 6:26:09 PM PST by Olog-hai
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To: Olog-hai; All
Four times the amount shown in thread title is over three trillion dollars. And this is a major constitutional problem, imo, as indicated by the following material, previously mentioned in related threads.

Note that a previous generation of state sovereignty-respecting justices had clarified that Congress is prohibited from appropriating taxes in the name of state power issues, essentially any issue that Congress cannot justify under its constitutional Article I, Section 8-limited powers. This is evidenced by the excerpt below.

”Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” - Justice John Marshall, Gibbons v. Ogden, 1824.

In fact, based on the Courts statement above, here is a rough approximation of how much taxpayers should be paying Congress annually to perform its Section 8-limited power duties.

Given that the plurality of clauses in Section 8 deal with defense, and given that the Department of Defense budget for 2015 was $500+ billion, I will generously round up the $500+ billion figure to $1 trillion (but probably much less) as the annual price tag of the federal government to the taxpayers.

In other words, the corrupt media, including Obama guard dog Fx News, should not be reporting multi-trillion dollar annual federal budgets without mentioning the Supreme Courts clarification of Congresss limited power to appropriate taxes in budget discussions.

Remember in November!

When patriots elect Trump, or whatever conservative they elect, they need to also elect a new, state sovereignty-respecting Congress that will work within its Section 8-limited powers to support the new president.

Also consider that such a Congress would probably be willing to fire state sovereignty-ignoring activist justices.

9 posted on 01/13/2016 6:35:43 PM PST by Amendment10
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To: Olog-hai

Obama The Spendthrift

As a senator, Barack Obama voted against raising the debt ceiling in 2006.

At the beginning of 2006 the national debt was about $8 trillion and 60% of GDP.

At the beginmning of 2009 when Obama took office as president the national debt was about $10 trillion and 67% of GDP.

Today the national debt is $18.9 trillion and 104% of GDP.
(It is 128% of the 2006 GDP)

National Debt Clock:

http://www.usdebtclock.org/


10 posted on 01/13/2016 6:50:06 PM PST by Iron Munro (The wise have stores of choice food and oil but a foolish man devours all he has. Proverbs 21:20)
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To: Iron Munro

Obama: A masterful liar or delusional or both.


11 posted on 01/13/2016 8:10:19 PM PST by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
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To: ActresponsiblyinVA
How long will hard working Americans will be enablers?

Not much longer for this one .... I WISH I only paid that much in federal taxes.....thieving bastards!!!!!

12 posted on 01/13/2016 8:16:44 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: DennisR
Obama: A masterful liar or delusional or both.

Both.

He is a certifiable psychopath.


13 posted on 01/14/2016 4:17:38 AM PST by Iron Munro (The wise have stores of choice food and oil but a foolish man devours all he has. Proverbs 21:20)
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