US posts $258 billion budget surplus in first 4 months of Trump administration

scruffy

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The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday.

Treasury reported that customs duties in April totaled $16 billion, about a $9 billion increase from the year-earlier period and far eclipsing the previous record of $9.6 billion two years earlier. The jump occurred during a month in which President Donald Trump boosted tariffs on Chinese goods to as much as 145% while slapping at least 10% levies on imports of goods from other countries.


Promises made, promises kept.
 
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday.

Treasury reported that customs duties in April totaled $16 billion, about a $9 billion increase from the year-earlier period and far eclipsing the previous record of $9.6 billion two years earlier. The jump occurred during a month in which President Donald Trump boosted tariffs on Chinese goods to as much as 145% while slapping at least 10% levies on imports of goods from other countries.


Promises made, promises kept.
When you raise taxes, the government makes more money. Not sure why anyone is surprised by this.
 
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday.

Treasury reported that customs duties in April totaled $16 billion, about a $9 billion increase from the year-earlier period and far eclipsing the previous record of $9.6 billion two years earlier. The jump occurred during a month in which President Donald Trump boosted tariffs on Chinese goods to as much as 145% while slapping at least 10% levies on imports of goods from other countries.


Promises made, promises kept.
Doesn't matter...The congressweasels will piss it all away.
 
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday.

I will do some looking, but I am very skeptical about 1 month. Defered spending could easily account for that.

Don't get me wrong, I want it to happen.
 
Good news but.... if the President and congress back off that $5trillion increase to the nation's debt limit, I'll then celebrate. Same as it was in 2001, whenever these folks in Washington come upon fiscal good, they'll find a way to piss it away and put us even more in the red.
 
Tax increases on the wealthy--making them pay their fair share--would make democrats happy. Tariffs are a tax on the consumer class. Grow a fucking brain.
Progs certainly did not pay attention to the inflation tax. In fact, they did it on purpose. And the consumer class suffered. They paid everyone off though.
 
Tax increases on the wealthy--making them pay their fair share--would make democrats happy. Tariffs are a tax on the consumer class. Grow a fucking brain.
There aren’t enough trillionaires to fund Congressional spending
 
Tax increases on the wealthy--making them pay their fair share--would make democrats happy. Tariffs are a tax on the consumer class. Grow a fucking brain.
How much more is making them pay their fair share?
 
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday.

Treasury reported that customs duties in April totaled $16 billion, about a $9 billion increase from the year-earlier period and far eclipsing the previous record of $9.6 billion two years earlier. The jump occurred during a month in which President Donald Trump boosted tariffs on Chinese goods to as much as 145% while slapping at least 10% levies on imports of goods from other countries.


Promises made, promises kept.
That only means us citizens paid those tariff duty taxes out of our incomes...when we purchased the tariff products reflecting the higher retails....

The biggest tax increase for us everyday folk, in our country's history, if the tariffs stick around....it shifts the tax burden and obligation on to the masses, the poor and middle class from the wealthiest's.....

Outside of that, good news, I suppose...?
 
That only means us citizens paid those tariff duty taxes out of our incomes...when we purchased the tariff products reflecting the higher retails....

The biggest tax increase for us everyday folk, in our country's history, if the tariffs stick around....it shifts the tax burden and obligation on to the masses, the poor and middle class from the wealthiest's.....

Outside of that, good news, I suppose...?
Only those that would of purchased them

Instead of the dem plan on making us all pay more out of the money we earned
 
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