Biden leads largest govt revenue growth since 1977

[citygator]

Thanks Biden! Who’s Laffering now?

U.S. sees biggest revenue surge in 44 years despite pandemic

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

www.politico.com

Despite a pandemic, a recession and a slew of tax cuts, federal tax receipts are booming.

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

That translates into $627 billion more than in 2020, according to the nonpartisan Congressional Budget Office, which estimates that, for the first time, total government revenues topped $4 trillion.
“They are just booming,” said Mark Booth, a former top revenue forecaster at the agency. “It is very unusual.”

U.S. sees biggest revenue surge in 44 years despite pandemic

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

www.politico.com

 

[Meister]

Gee how surprising with the governments money. I'm shocked, shocked I tell ya.

 

[JLW]

It takes a Democrat to get the economy running. It takes a Republican to take it down.

We need a solvent government not a bankrupt one.

 

[Natural Citizen]

So Biden is a productive thief?

Who knew...

 

[whitehall]

Revenues = taxes don't they? Is that good news? Why does the president want to raise taxes again?

 

[Natural Citizen]

Revenues = taxes don't they? Is that good news? Why does the president want to raise taxes again?

Because he's a thief.

 

[Nostra]

We go from an economy that was shut down to one fully opened, and the idiot OP is amazed tax revenues rose.

 

[Nostra]

It takes a Democrat to get the economy running. It takes a Republican to take it down.

We need a solvent government not a bankrupt one.

Your Vegetable Messiah is on pace to have the biggest deficit in history, Dumbass.

Where is his "solvent government"?

 

[Natural Citizen]

The federal government has nothing.

It has nothing because it produces nothing.

All it does is steal from those who do and redistribute it arbitrarily.

Which, btw, makes the federal government the most biased entity on the planet.

 

[Meister]

It takes a Democrat to get the economy running. It takes a Republican to take it down.

We want a solvent government not a bankrupt one.

Unemployment plus 1000.00
Each qualified child gets 600.00
1,000.00 stimulus payments

Give me a fucking break, And you twits brag how great it is?
A bunch of socialists bragging.

 

[ColonelAngus]

Lefties, how you all are not constantly vomiting like a bulemic super model from your spinning is beyond me.

 

[JLW]

Your Vegetable Messiah is on pace to have the biggest deficit in history, Dumbass.

Where is his "solvent government"?

According to the link, revenues are booming. We need to pay for all that Trump debt. It takes a Democrat to get our house into fiscal order. We do have a long way to go, but al least we are now on the right track.

 

[Meister]

According to the link, revenues are booming. We need to pay for all that Trump debt. It takes a Democrat to get our house into fiscal order. We do have a long way to go, but al least we are now on the right track.

We are? Really?

You really have set the bar on the ground, haven't you?

 

[JLW]

Unemployment plus 1000.00
Each qualified child gets 600.00
1,000.00 stimulus payments

Give me a fucking break, And you twits brag how great it is.
A bunch of socialists bragging.

We have a long way to go, but at least we are on the right track.

I have issues with some of Biden’s tax proposals. No doubt about that. However, I have no problem with strong government revenue. A fiscally strong government correlates to a strong economy. The Whole “starve the beast” mentality has been proven to be nothing but a fraud.

 

[Moonglow]

Unemployment plus 1000.00
Each qualified child gets 600.00
1,000.00 stimulus payments

Give me a fucking break, And you twits brag how great it is?
A bunch of socialists bragging.

I want to know why it ended...

 

[Otis Mayfield]

Way to go, Joe!

 

[OKTexas]

It takes a Democrat to get the economy running. It takes a Republican to take it down.

We need a solvent government not a bankrupt one.

If government stopped spending anything new it would take close to 100 years to pay off the debt and unfunded liabilities, that's when they become solvent.

.

 

[Lastamender]

Thanks Biden! Who’s Laffering now?

U.S. sees biggest revenue surge in 44 years despite pandemic

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

www.politico.com

Despite a pandemic, a recession and a slew of tax cuts, federal tax receipts are booming.

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

That translates into $627 billion more than in 2020, according to the nonpartisan Congressional Budget Office, which estimates that, for the first time, total government revenues topped $4 trillion.
“They are just booming,” said Mark Booth, a former top revenue forecaster at the agency. “It is very unusual.”

U.S. sees biggest revenue surge in 44 years despite pandemic

Revenues jumped 18 percent in the fiscal year that just ended, analysts say — the biggest one-year increase since 1977.

www.politico.com

I guess revenues go up with inflation.

 

[Moonglow]

Thank goodness Trump raised taxes to get this increased revenue.

 

[Nostra]

According to the link, revenues are booming. We need to pay for all that Trump debt. It takes a Democrat to get our house into fiscal order. We do have a long way to go, but al least we are now on the right track.

So your Dimwinger plan to pay off debt is to run up the largest deficit in history.

Sounds about right.