Wednesday, March 27, 2013

US Treasury Tax Receipts Record - Business Insider

Good stuff!

US Treasury Tax Receipts Record - Business Insider: "I monitor the Treasury's daily data on federal tax receipts and deposits for individual and payroll taxes as well as for corporate income taxes. The daily data obviously are very volatile so I smooth them out with 260-day moving sums, which closely track the Treasury’s monthly data on a 12-month sum basis. The Treasury’s deposits of withheld income and employment taxes rose to a new record high on March 22. Corporate income tax receipts are the highest since February 2009."

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