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helicopterfool (90.80)

Tax Receipts drop 44%

Recs

16

June 04, 2009 – Comments (0)

For the first time in 26 years, the US had a monthly deficit in April (The month taxes are due).   It was $20.9 Billion.  April 2009 tax receipts dropped 44% compared with those in April 2008.

Tax receipts fell 50% during the Great Depression.   

 

 

 

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