CNS News – by Terence P. Jeffrey
The federal government collected a record $1,143,141,000,000 in individual income taxes through the first eight months of fiscal 2018 (Oct. 1, 2017 through the end of May), according to the Monthly Treasury Statement released today.
Despite the record individual income tax collections, the federal government still ran a deficit of $532,241,000,000 over those same eight months, according to the Treasury statement. Continue reading “Feds Collect Record Individual Income Taxes Through May; Still Run $532.2B Deficit”



