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Tuesday, August 15, 2017

Feds Collect Record Income and Payroll Taxes Through July

http://www.cnsnews.com/news/article/terence-p-jeffrey/feds-collect-record-income-and-payroll-taxes-through-july

The federal government collected record amounts of both individual income taxes and payroll taxes through the first ten months of fiscal 2017 (Oct. 1, 2016 through the end of July), according to the Monthly Treasury Statement.
Through July, the federal government collected approximately $1,312,691,000,000 in individual income taxes.
At the same time, it collected $976,278,000,000 in Social Security and other payroll taxes.

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