{"id":30638,"date":"2017-04-14T18:25:55","date_gmt":"2017-04-14T22:25:55","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=30638"},"modified":"2017-04-14T18:25:55","modified_gmt":"2017-04-14T22:25:55","slug":"its-not-the-income-its-the-spending","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=30638","title":{"rendered":"It’s Not The Income–It’s The Spending"},"content":{"rendered":"

CNS News<\/a> posted an article today about the tax<\/a> revenue the government has received in the first six months of fiscal 2017 (Oct. 1, 2016 through the end of March). The government has collected\u00a0$7,387,280,000 more in income tax<\/a> revenue in the first six months of fiscal 2017 than were collected in the first six months of fiscal 2016<\/a>.<\/p>\n

The article reports:<\/p>\n

The federal government<\/a> also collected $547,491,000,000 in Social Security<\/a> and other payroll taxes<\/a> during the first six months of fiscal 2017. That is about $2,731,820,000 more than the $544,491,000,000 in Social Security and other payroll taxes (in constant 2017 dollars) that the government collected in the first six months of fiscal 2016.<\/strong><\/p>\n

Despite collecting record amounts of individual income taxes and payroll taxes, the Treasury<\/a> still ran a deficit of $526,855,000,000 in the first six months of fiscal 2017.<\/em><\/span> (The emphasis is mine)
\n<\/strong><\/p>\n

No matter how much money we give them, it will never be enough. We need a budget (not continuing resolutions<\/a>) that does the things that are constitutional for the federal government. All other functions need to be left for the states (as stated in the Tenth Amendment). Spending cuts are needed.<\/p>\n","protected":false},"excerpt":{"rendered":"

CNS News posted an article today about the tax revenue the government has received in the first six months of fiscal 2017 (Oct. 1, 2016 through the end of March). The government has collected\u00a0$7,387,280,000 more in income tax revenue in … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2103,1472,542,10768,280,285],"class_list":["post-30638","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-federal-spending","tag-income","tag-income-tax","tag-payroll-taxes","tag-tax","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/30638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30638"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/30638\/revisions"}],"predecessor-version":[{"id":30639,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/30638\/revisions\/30639"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}