Tuesday, October 21, 2014

Feds Tax Collections Highest Ever

"The federal government collected a record amount of taxes in fiscal year 2014, topping $3 trillion in revenue for the first time in its history, according to Treasury Department numbers released Wednesday ..."

The federal government took in $3.020 trillion in FY 2014 (ending September 30) from individual taxes (which rose 6 percent) and corporate-income taxes (which jumped 17 percent).

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