Showing posts with label government revenue. Show all posts
Showing posts with label government revenue. Show all posts

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).