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793. Re: Morning Metaverse Oct 31, 2013, 16:55 RollinThundr
 
Beamer wrote on Oct 31, 2013, 16:50:
Mad Max RW wrote on Oct 31, 2013, 16:40:
Beamer wrote on Oct 31, 2013, 16:35:
Mad Max RW wrote on Oct 31, 2013, 16:13:
Shhhh. Don't tell Beamer the feds collected a record $2.77 trillion in tax revenue this year.

Do you understand how that's a meaningless data point?
1) What is it if you adjust for inflation? Here's a hint: it's on par with 12 years ago
2) What is it as a portion of the total US income?

Throwing out a number in a vacuum and comparing it to past years is utterly ridiculous

Read and dismiss the facts yourself.

Revenue jumped 15.2 percent to $301.4 billion in September from a year earlier, bringing the annual figure to $2.77 trillion, today’s report showed. Spending increased 21.5 percent to $226.4 billion last month, contributing to a 12-month total of $3.45 trillion, it showed.

What from that link had anything to do with anything?
You posted a meaningless data point. We took in more taxes. But we made more money. Doesn't that make sense?

Conveniently left out the we spent more part too.
 
 
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