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Time To End The Shutdown?
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<blockquote data-quote="fishtm2001" data-source="post: 4470436" data-attributes="member: 54375"><p>For the three months of fiscal 2018 prior to the tax cut, individual income tax collections rose by 10.8 percent over the equivalent period from 2017. But the rise for the seven months after the tax cut was 6.7 percent.</p><p></p><p>And if you look at total tax collections from every category, rather than just individual income taxes, the picture is even worse. During the seven-month period after the tax bill passed, total receipts actually fell slightly compared to the equivalent period in 2017, by about a tenth of a percentage point.</p></blockquote><p></p>
[QUOTE="fishtm2001, post: 4470436, member: 54375"] For the three months of fiscal 2018 prior to the tax cut, individual income tax collections rose by 10.8 percent over the equivalent period from 2017. But the rise for the seven months after the tax cut was 6.7 percent. And if you look at total tax collections from every category, rather than just individual income taxes, the picture is even worse. During the seven-month period after the tax bill passed, total receipts actually fell slightly compared to the equivalent period in 2017, by about a tenth of a percentage point. [/QUOTE]
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