Fed Survey: The Economy is Mending

cliffster9/09/2009 12:27:21 pm PDT

re: #187 Wendya

Tax revenues have dropped 18% this year and spending has skyrocketed. Individual income tax revenue is down 22 percent and corporate income tax revenue, 57 percent Payroll taxes are also expected to decline. The government is running out of people to tax.

Looks like they are running out of other people’s money.