$765,645,000,000: FY2016 Taxes Set Record Through December; $5,107 Per Worker; Feds Still Run $215.5B Deficit


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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.

http://cnsnews.com/news/article/terence-p-jeffrey/765645000000-fy2016-taxes-set-record-through-december-5107-worker

$765,645,000,000: FY2016 TAXES SET RECORD THROUGH DECEMBER


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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.

$765,645,000,000: FY2016 Taxes Set Record Through December