Showing posts with label income tax revenue. Show all posts
Showing posts with label income tax revenue. Show all posts

26 June 2009

Tax Revenues Slump as the US Budget Deficit Soars


Income Tax revenue is taking a drop commensurate with the kind of slump which we are experiencing in domestic GDP.



But there is a bull market in government spending. This does not include much of the support being given to Wall Street banks and other 'off balance sheet' shenanigans.



Thanks to Escape From America Magazine for these charts.