$3,374,629,000,000: Federal Tax Collections Set Record Through May


internal revenue service irs worthy ministries(Worthy News) – The federal government collected a record $3,374,629,000,000 in total taxes in the first eight months of fiscal 2022 (October through May), according to the Monthly Treasury Statement.

Before this year, the largest October-through-May federal tax collections came in fiscal 2021, when the Treasury collected $2,833,846,070,000 in total taxes in inflation-adjusted May 2022 dollars.

This fiscal year’s October-through-May tax collections of $3,374,629,000,000 are $540,782,930,000 (or 19.08 percent) more than that. [ Source: CNS News (Read More…) ]

15
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X
Join the Truth Social discussion

Latest Worthy News

Christian Missionary Missing In Mexico After Armed Men Objected To Bible Outreach
Supreme Court Rules For U.S.-Cuban Land Claims
Congress Skips Town Without Passing $72b Immigration Enforcement Bill
USS Nimitz Arrives In Caribbean As U.S. Pressure Mounts On Cuba
Trump Gives Iran ‘Two Or Three Days’ To Offer Peace Deal As Nuclear Standoff Deepens
Baltic States On High Alert After Drone Alert, Russian Threats
US Envoy Suggests Washington Could Expand Presence In Greenland
Trump Plans Talks With Taiwan’s President As China, Russia Condemn US Policy
Hungary’s New Prime Minister Moves To Bar Orbán From Returning To Power
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News