Originally posted by: Mark
Individual taxation revenue increased but corporate tax revenue is way down which is inline with what I said all along. Namely, a lot of middle class taxpayers financed the tax cuts for the wealthy and corporations.
The reason that federal tax revenues are up while both corporate and personal income taxes are down is due the stimulative affect. In 2019 we will see revenues soar. Here's a look at how the federal tax cuts are increasing tax receipts at the state and local levels. Liberals apparantly hate success.
https://www.usgovernmentrevenue.com/total_revenue