Federal tax revenues hit an all-time non-inflation-adjusted monthly high of approximately $406.7 billion in April, according to newly released data from the U.S. Treasury. Overall federal tax revenues in April 2013 were up 28 percent from April 2012, and individual-income-tax revenues specifically were up 36 percent. … Thanks to the record tax revenue, the federal government ran a $112.9 billion surplus in April. However, in the first seven months of fiscal 2013 (October through April), the federal government has run a deficit of $487.6 billion. …
