April Tax Revenue 2nd-Highest in History...

Must be our "horrible" economy!



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April Tax Revenue 2nd-Highest in History
May 10 2:23 PM US/Eastern
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By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON

A flood of income tax payments pushed up government receipts to the second-highest level in history in April, giving the country a sizable surplus for the month.

In its monthly accounting of the government's books, the Treasury Department said Wednesday that revenue for the month totaled $315.1 billion as Americans filed their tax returns by the April deadline. The gusher of tax revenue pushed total receipts up by 13.4 percent from April 2005.



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Last Edited by Phennommennonn on 10/09/2011 02:25 PM