Government has collected record taxes this year

How can this be? You mean lowering the tax rate on individuals and cutting back on regulations raises economic activity and thus more taxes are paid? Hey, who knew that (beside Kennedy and Reagan)?

Yup, reality...

The federal government collected a record $2,007,451,000,000 in total taxes through the first seven months of fiscal 2018 (October through April), but still ran a deficit for that period of $385,444,000,000, according to the Monthly Treasury Statement. The record total federal taxes collected during this period also included a record $1,050,601,000,000 in individual income taxes—marking the earliest in any fiscal year that individual income taxes have topped $1 trillion.

Comments

[Sweat]

Yet another great win for 'The Donald'! But he better watch it. If he's not careful, the masses could soon begin to tire of all this winning he's been doing.

GO 'THE DONALD' GO ! ! !