For Houston and the other deficit Hawks out there
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0718.pdf
Comments
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Tax receipts have never been higher!!
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Here are the receipts but month. For the record. The change in withholding came in February 18 and April of 18 includes payments for 17 under the prior tax laws.
I still don't know what this means. Maybe @HoustonHusky can chime in and tell us. -
I can’t but I bet @thechart got a boner.2001400ex said:Can you explain what this all means?
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0718.pdf -
Not that you will understand, but receipts are up over last year even with the tax cuts ("Dynamic" scoring said they would be down). Main problem with the budget right now is that the economy is booming which is pushing up interest rates...interest rate payments on the debt this year are up and interest rates hikes will make that balloon.2001400ex said:Here are the receipts but month. For the record. The change in withholding came in February 18 and April of 18 includes payments for 17 under the prior tax laws.
I still don't know what this means. Maybe @HoustonHusky can chime in and tell us.
Trumps been fine on the revenue side...he should have fought harder on the last spending bill. And it doesn't help when the previous guy adds $10 trillion to the debt...
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How did I know you wouldn't even look at it. Look at February though July compared to 18. Every month except April is down from the prior year. Why is that?HoustonHusky said:
Not that you will understand, but receipts are up over last year even with the tax cuts ("Dynamic" scoring said they would be down). Main problem with the budget right now is that the economy is booming which is pushing up interest rates...interest rate payments on the debt this year are up and interest rates hikes will make that balloon.2001400ex said:Here are the receipts but month. For the record. The change in withholding came in February 18 and April of 18 includes payments for 17 under the prior tax laws.
I still don't know what this means. Maybe @HoustonHusky can chime in and tell us.
Trumps been fine on the revenue side...he should have fought harder on the last spending bill. And it doesn't help when the previous guy adds $10 trillion to the debt...
Do like the look of blaming Obama. Nice work!!! -
But...but...but...if you leave this out and then leave that out....and then close one eye and spin around it says something I want it to say. YTD last year $2.73 trillion, YTD this year $2.76 trillion.2001400ex said:
How did I know you wouldn't even look at it. Look at February though July compared to 18. Every month except April is down from the prior year. Why is that?HoustonHusky said:
Not that you will understand, but receipts are up over last year even with the tax cuts ("Dynamic" scoring said they would be down). Main problem with the budget right now is that the economy is booming which is pushing up interest rates...interest rate payments on the debt this year are up and interest rates hikes will make that balloon.2001400ex said:Here are the receipts but month. For the record. The change in withholding came in February 18 and April of 18 includes payments for 17 under the prior tax laws.
I still don't know what this means. Maybe @HoustonHusky can chime in and tell us.
Trumps been fine on the revenue side...he should have fought harder on the last spending bill. And it doesn't help when the previous guy adds $10 trillion to the debt...
Do like the look of blaming Obama. Nice work!!!
Helpful hint...what is the yearly debt payment on $10 trillion dollars at 3% again? -
Answer the question.HoustonHusky said:
But...but...but...if you leave this out and then leave that out....and then close one eye and spin around it says something I want it to say. YTD last year $2.73 trillion, YTD this year $2.76 trillion.2001400ex said:
How did I know you wouldn't even look at it. Look at February though July compared to 18. Every month except April is down from the prior year. Why is that?HoustonHusky said:
Not that you will understand, but receipts are up over last year even with the tax cuts ("Dynamic" scoring said they would be down). Main problem with the budget right now is that the economy is booming which is pushing up interest rates...interest rate payments on the debt this year are up and interest rates hikes will make that balloon.2001400ex said:Here are the receipts but month. For the record. The change in withholding came in February 18 and April of 18 includes payments for 17 under the prior tax laws.
I still don't know what this means. Maybe @HoustonHusky can chime in and tell us.
Trumps been fine on the revenue side...he should have fought harder on the last spending bill. And it doesn't help when the previous guy adds $10 trillion to the debt...
Do like the look of blaming Obama. Nice work!!!
Helpful hint...what is the yearly debt payment on $10 trillion dollars at 3% again?
And the government doesn't pay 3%. -
God you are a dumbass.2001400ex said:
Answer the question.HoustonHusky said:
But...but...but...if you leave this out and then leave that out....and then close one eye and spin around it says something I want it to say. YTD last year $2.73 trillion, YTD this year $2.76 trillion.2001400ex said:
How did I know you wouldn't even look at it. Look at February though July compared to 18. Every month except April is down from the prior year. Why is that?HoustonHusky said:
Not that you will understand, but receipts are up over last year even with the tax cuts ("Dynamic" scoring said they would be down). Main problem with the budget right now is that the economy is booming which is pushing up interest rates...interest rate payments on the debt this year are up and interest rates hikes will make that balloon.2001400ex said:Here are the receipts but month. For the record. The change in withholding came in February 18 and April of 18 includes payments for 17 under the prior tax laws.
I still don't know what this means. Maybe @HoustonHusky can chime in and tell us.
Trumps been fine on the revenue side...he should have fought harder on the last spending bill. And it doesn't help when the previous guy adds $10 trillion to the debt...
Do like the look of blaming Obama. Nice work!!!
Helpful hint...what is the yearly debt payment on $10 trillion dollars at 3% again?
And the government doesn't pay 3%.
From my previous poast: " YTD last year $2.73 trillion, YTD this year $2.76 trillion."
Helpful hint $2.76 > $2.73. And since the GDP is growing faster than previously expected/forecasted that means future govt revenues will be higher than previously expected as well.
And for those who follow the Fed, the current expectation is that the Fed will have interest rates at 2.1% by the end of this year and 2.9% by the end of next year (which means the govt will be paying over 3% soon). The current effective borrowing rate is something like 2.4% with the Fed Funds Rate at 2%. Maybe we should go back to having a shitty economy so we can drop the interest rates?
Now GFY Moron...
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You still didn't answer the question. Why do all but one month since the tax law was passed have lower revenues than the prior year?HoustonHusky said:
God you are a dumbass.2001400ex said:
Answer the question.HoustonHusky said:
But...but...but...if you leave this out and then leave that out....and then close one eye and spin around it says something I want it to say. YTD last year $2.73 trillion, YTD this year $2.76 trillion.2001400ex said:
How did I know you wouldn't even look at it. Look at February though July compared to 18. Every month except April is down from the prior year. Why is that?HoustonHusky said:
Not that you will understand, but receipts are up over last year even with the tax cuts ("Dynamic" scoring said they would be down). Main problem with the budget right now is that the economy is booming which is pushing up interest rates...interest rate payments on the debt this year are up and interest rates hikes will make that balloon.2001400ex said:Here are the receipts but month. For the record. The change in withholding came in February 18 and April of 18 includes payments for 17 under the prior tax laws.
I still don't know what this means. Maybe @HoustonHusky can chime in and tell us.
Trumps been fine on the revenue side...he should have fought harder on the last spending bill. And it doesn't help when the previous guy adds $10 trillion to the debt...
Do like the look of blaming Obama. Nice work!!!
Helpful hint...what is the yearly debt payment on $10 trillion dollars at 3% again?
And the government doesn't pay 3%.
From my previous poast: " YTD last year $2.73 trillion, YTD this year $2.76 trillion."
Helpful hint $2.76 > $2.73. And since the GDP is growing faster than previously expected/forecasted that means future govt revenues will be higher than previously expected as well.
And for those who follow the Fed, the current expectation is that the Fed will have interest rates at 2.1% by the end of this year and 2.9% by the end of next year (which means the govt will be paying over 3% soon). The current effective borrowing rate is something like 2.4% with the Fed Funds Rate at 2%. Maybe we should go back to having a shitty economy so we can drop the interest rates?
Now GFY Moron...
Also, glad you agree the government doesn't pay 3% interest and you were wrong. But what da fuq does interest expense have to do with revenues? -
Lol at this after @HoustonHusky response.YellowSnow said:Tax receipts have never been higher!!
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Double poasting always makes a point...unfortunately it is that you are a moron.
There is no question...just you waving your hands and saying if...but...and...but...leave off the y, drop the 2 and then divided by 8 and that gives me the answer I want. Federal receipts are up this year over last year...individual income receipts are significantly up over last year (means both individuals and small businesses are doing well). You are just trying to spin a positive into a negative, and failing miserably at it.
And should I be shocked you can't read (i.e. pushing up interest rates means they are in the process of moving up...not a hard concept for anyone but you to comprehend...). We should just set interest rates at 0% and then the govt will never have to pay interest payments. Oh wait...we did that for 8 years...gave us $10 trillion more in debt...
HondoFS... -
How much are the democrats going to raise my taxes if I vote for them?
Thank in advance. -
Why are you dodging the question?HoustonHusky said:Double poasting always makes a point...unfortunately it is that you are a moron.
There is no question...just you waving your hands and saying if...but...and...but...leave off the y, drop the 2 and then divided by 8 and that gives me the answer I want. Federal receipts are up this year over last year...individual income receipts are significantly up over last year (means both individuals and small businesses are doing well). You are just trying to spin a positive into a negative, and failing miserably at it.
And should I be shocked you can't read (i.e. pushing up interest rates means they are in the process of moving up...not a hard concept for anyone but you to comprehend...). We should just set interest rates at 0% and then the govt will never have to pay interest payments. Oh wait...we did that for 8 years...gave us $10 trillion more in debt...
HondoFS...
And you didn't answer my second question.
You are struggling right now. -
That's a good question. How much is it going cost me and my kids to pay the tab left by the Greatest Generation and The Boomers?RaceBannon said:How much are the democrats going to raise my taxes if I vote for them?
Thank in advance. -
He answered your question more than once. Stop embarrassing yourself2001400ex said:
Why are you dodging the question?HoustonHusky said:Double poasting always makes a point...unfortunately it is that you are a moron.
There is no question...just you waving your hands and saying if...but...and...but...leave off the y, drop the 2 and then divided by 8 and that gives me the answer I want. Federal receipts are up this year over last year...individual income receipts are significantly up over last year (means both individuals and small businesses are doing well). You are just trying to spin a positive into a negative, and failing miserably at it.
And should I be shocked you can't read (i.e. pushing up interest rates means they are in the process of moving up...not a hard concept for anyone but you to comprehend...). We should just set interest rates at 0% and then the govt will never have to pay interest payments. Oh wait...we did that for 8 years...gave us $10 trillion more in debt...
HondoFS...
And you didn't answer my second question.
You are struggling right now. -
IDGAFYellowSnow said:
That's a good question. How much is it going cost me and my kids to pay the tab left by the Greatest Generation and The Boomers?RaceBannon said:How much are the democrats going to raise my taxes if I vote for them?
Thank in advance. -
No. He didn't.RaceBannon said:
He answered your question more than once. Stop embarrassing yourself2001400ex said:
Why are you dodging the question?HoustonHusky said:Double poasting always makes a point...unfortunately it is that you are a moron.
There is no question...just you waving your hands and saying if...but...and...but...leave off the y, drop the 2 and then divided by 8 and that gives me the answer I want. Federal receipts are up this year over last year...individual income receipts are significantly up over last year (means both individuals and small businesses are doing well). You are just trying to spin a positive into a negative, and failing miserably at it.
And should I be shocked you can't read (i.e. pushing up interest rates means they are in the process of moving up...not a hard concept for anyone but you to comprehend...). We should just set interest rates at 0% and then the govt will never have to pay interest payments. Oh wait...we did that for 8 years...gave us $10 trillion more in debt...
HondoFS...
And you didn't answer my second question.
You are struggling right now. -
Even if you vote for them. They won't win Congress. That being said. Your district is probably liberal anyway so it's not like your vote will matter.RaceBannon said:How much are the democrats going to raise my taxes if I vote for them?
Thank in advance. -
Race seems upset.
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I think the AARP should change to AAIDGAF.RaceBannon said:
IDGAFYellowSnow said:
That's a good question. How much is it going cost me and my kids to pay the tab left by the Greatest Generation and The Boomers?RaceBannon said:How much are the democrats going to raise my taxes if I vote for them?
Thank in advance. -
Channeling Hondo isn't a good look for you. Shelton is better than thatdflea said:Race seems upset.
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No one can answer why revenues are down every month after the withholdings changed except for the one month that the 2017 taxes were collected.RaceBannon said:
Channeling Hondo isn't a good look for you. Shelton is better than thatdflea said:Race seems upset.
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Its not my responsibility to pay any more than I pay now to support a 4 trillion dollar budget because you have kids you can't afford.
Cut spending and maybe someone that isn't completely gutless like hondo can tell me how much more we need to raise my taxes because I like keeping more of the money that I FUCKING EARN
It doesn't belong to you or the government -
- GOPRaceBannon said:
IDGAFYellowSnow said:
That's a good question. How much is it going cost me and my kids to pay the tab left by the Greatest Generation and The Boomers?RaceBannon said:How much are the democrats going to raise my taxes if I vote for them?
Thank in advance. -
Why are you dodging the question?RaceBannon said:Its not my responsibility to pay any more than I pay now to support a 4 trillion dollar budget because you have kids you can't afford.
Cut spending and maybe someone that isn't completely gutless like hondo can tell me how much more we need to raise my taxes because I like keeping more of the money that I FUCKING EARN
It doesn't belong to you or the government
That being said, expenditures are way up over last year. I'd look at the people you voted in for that. Democrats don't control Congress or the presidency. I seem to recall an $80 billion dollar increase to the military and whatever billions to Farmers to cover the tariffs. -
Hurtful.RaceBannon said:
Channeling Hondo isn't a good look for you. Shelton is better than thatdflea said:Race seems upset.
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Shut the fuck up boy2001400ex said:
Why are you dodging the question?RaceBannon said:Its not my responsibility to pay any more than I pay now to support a 4 trillion dollar budget because you have kids you can't afford.
Cut spending and maybe someone that isn't completely gutless like hondo can tell me how much more we need to raise my taxes because I like keeping more of the money that I FUCKING EARN
It doesn't belong to you or the government
That being said, expenditures are way up over last year. I'd look at the people you voted in for that. Democrats don't control Congress or the presidency. I seem to recall an $80 billion dollar increase to the military and whatever billions to Farmers to cover the tariffs.
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I can afford my kids just fine in spite how much Seattle taxes the shit out of my family to pay for its DSA shitopia. I'd love to gradually reign in the growth in entitlement spending but you old people won't let me.RaceBannon said:Its not my responsibility to pay any more than I pay now to support a 4 trillion dollar budget because you have kids you can't afford.
Cut spending and maybe someone that isn't completely gutless like hondo can tell me how much more we need to raise my taxes because I like keeping more of the money that I FUCKING EARN
It doesn't belong to you or the government -
You want to tell me ho much you want to raise ny taxes? The GOP isn't any different than the dems. Did you notice the spending package they put through this year?UWhuskytskeet said:
- GOPRaceBannon said:
IDGAFYellowSnow said:
That's a good question. How much is it going cost me and my kids to pay the tab left by the Greatest Generation and The Boomers?RaceBannon said:How much are the democrats going to raise my taxes if I vote for them?
Thank in advance.
I just want the Blue Wave on record as to how much they want to get in my wallet
Is this why Cortez the Killer won't allow media?
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Race thinks the bulk of entitlement spending is food stamps and section 8. When really the increase to the military this year was greater than the total food stamp budget.YellowSnow said:
I can afford my kids just fine in spite how much Seattle taxes the shit out of my family to pay for its DSA shitopia. I'd love to gradually reign in the growth in entitlement spending but you old people won't let me.RaceBannon said:Its not my responsibility to pay any more than I pay now to support a 4 trillion dollar budget because you have kids you can't afford.
Cut spending and maybe someone that isn't completely gutless like hondo can tell me how much more we need to raise my taxes because I like keeping more of the money that I FUCKING EARN
It doesn't belong to you or the government
