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Treasury Collected $21.672 Billion in Taxes on First Business Day of 'Shutdown'
Cybercast News Service ^ | December 27, 2018 | 2:08 PM EST | Terence P. Jeffrey

Posted on 12/30/2018 5:43:44 PM PST by Olog-hai

As reported in Table IV of the Daily Treasury Statement, the U.S. Treasury collected approximately $21.672 billion in taxes on Christmas Eve, the first business day of the partial federal “shutdown” that began at midnight last Friday.

Those Christmas Eve tax collections brought total federal tax revenues for fiscal 2019, which began on Oct. 1, to approximately $666.482 billion.

On Friday, Dec. 21, the last day before the partial government shutdown, the Treasury collected approximately $10.876 billion in tax revenues, according to the Treasury statement for that day. That brought total tax collections for fiscal 2019 to approximately $644.811 billion—at the beginning of the partial shutdown.

The additional $21.672 billion in taxes the Treasury collected on Monday, Dec. 24—while the government was partially shut down—brought total federal tax collections to approximately $666.482 billion for fiscal 2019.

Even though Congress has not yet passed an appropriations law to fund the Treasury Department in fiscal year 2019, the department has continued operating with “essential” workers showing up and doing their jobs—including on Christmas Eve.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; Miscellaneous
KEYWORDS: biggovernment; christmaseve; essentialworkers; gopestablishment; rinos; shutdown; taxes; treasury; uniparty; ustreasury

1 posted on 12/30/2018 5:43:44 PM PST by Olog-hai
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To: Olog-hai

Money is rolling in, means more gov can be shut down, for much longer periods of time.


2 posted on 12/30/2018 5:52:47 PM PST by JPJones (More tariffs, less income tax.)
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To: Olog-hai

Trump will get credit for reducing the deficit.

*winning


3 posted on 12/30/2018 5:53:57 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death by cults.)
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To: Jonty30

“Trump will get credit for reducing the deficit.”

*SNORT*

From which “news” organization?


4 posted on 12/30/2018 7:45:00 PM PST by treetopsandroofs
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