mardi 19 février 2019

Tax cuts led to all time high individual income tax collection

The Treasury Department reported this week that individual income tax collections for FY 2018 totaled $1.7 trillion. That's up $14 billion from fiscal 2017, and an all-time high. And that's despite the fact that individual income tax rates got a significant cut this year as part of President Donald Trump's tax reform plan.

https://www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits/

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