Courtesy of Mish.
The US Treasury Department released its Monthly Treasury Statement (MTS) report today.
For the fiscal year through May (eight months), growth in individual tax receipts slowed sharply and corporate tax collection is negative compared to the same period a year ago.
Here is a set of charts I put together.
Federal Income Tax Receipts – Year-Over-Year Percent Change
Federal Income Tax Receipts – Individuals
Federal Income Tax Receipts – Corporations
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