$416,014,000,000: Federal Taxes Set Record in First 2 Months of FY16; $2,785 Per Worker; Feds Still Run $201.1B Deficit


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It is also up about $9,977,670,000 in constant 2015 dollars from the $406,036,330,000 in revenue (in 2015 dollars) that the Treasury raked in during the first two months of fiscal 2015–when the government was on its way to setting a tax record for that year.

Despite the record tax revenues of $416,014,000,000 in the first two months of this fiscal year, the government spent $617,116,000,000 in those two months, and, thus, ran up a deficit of $201,102,000,000 during the period.

According to the Bureau of Labor Statistics, total seasonally adjusted employment in the United States in November was 149,364,000 (including both full and part-time workers) was 149,364,000. That means that the federal tax haul so far this fiscal year has equaled about $2,785.24 for every person in the United States with a job

http://cnsnews.com/news/article/terence-p-jeffrey/416014000000-federal-taxes-set-record-first-2-months-fy16-2785-worker

$416,014,000,000: FEDERAL TAXES SET RECORD IN FIRST 2 MONTHS OF FY16


 

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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 govnerment 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.

$416,014,000,000: Federal Taxes Set Record in First 2 Months of FY16