Good Richards Almanac

May 7, 2009

Obama To Double Income Tax Collections

In another focus on the grab-bag that is Obama's federal budget, we find Obama planning to double income tax collections over the next eight years.

Here it is, from the pin-the-tail-on-the-Democrat Summary Tables...


Obama doubles income tax collections
Click to enlarge.


That's right, party-goers! Income tax collections will rise from $972 Million in 2009 to $1.888 Trillion in eight years. Give him another two years, and government breaks the tax collection bank at over $2 Trillion.

That makes for a pretty steep buzz.


Graph of Obama income tax collections


Man, the hangover's gonna suck.

Posted by Richard at May 7, 2009 8:44 PM

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