Online Stock Trading | Tax cuts work

Tax cuts work


Filed Under Market Commentary |

Bloomberg says that through June 21, the government had collected almost $1.6 trillion in individual and corporate income taxes — an increase of 7.7 percent from a year earlier.

7.7% increase in tax receipts, hmmm…remember the lower income families less than 50% of the population pays 1% of the taxes where the top 50% pay 99%. 

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