$565,135,000,000: Federal Tax Collections Set Record Through November


internal revenue service irs worthy ministries(Worthy News) – The federal government collected a record $565,135,000,000 in total taxes through the first two months of fiscal 2022 (October and November), according to the Monthly Treasury Statement.

The federal government also collected a record $282,094,000,000 in individual income taxes in the first two months of this fiscal year.

While collecting its record $565,135,000,000 in total taxes in the first two months of this fiscal year, the federal government spent $921,526,000,000—resulting in a deficit of $356,390,000,000 in the first two months of the fiscal year. [ Source: CNS News (Read More…) ]

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