http://www.zerohedge.com/article/us-more-bankrupt-ever-83-billion-april-deficit-record-month-30-billion-worse-expected-tax-re
Zero Hedge Reports on April's Tax Receipts:
"Tax receipts down 7.9% YoY, Individual Income Tax down 21.5% YoY, and more importantly, spending: Total spending up 14.2%, National defense up 17%, Medicare up 39.4%, Social Security up 4.2% and General Government up 5.6%."
I cannot authoritatively confirm their data but the site is usually very careful about what they publish. I think the plummeting income tax is very concerning, as is the skyrocketing military (aka "WAR") spending...
Subscribe to:
Post Comments (Atom)
-
I had the good fortune of meeting Dr. Kate Brown some years back at a conference. She is an amazing person and formidable intellect. Her l...
-
President Trump's threat to declare a national emergency surrounding immigration and border walls is described here: Matthew Choi (2...
-
There has been a deluge of news articles about American’s distrust of science, which is typically attributed to scientific illiteracy...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.