The United States economy, federal tax revenue, and stock market are booming under the Trump Administration.
The federal government set a record high in individual income tax revenue from October, 2017 through May, 2018.
According to CNSNews:
The federal government collected a record $1,143,141,000,000 in individual income taxes through the first eight months of fiscal 2018 (Oct. 1, 2017 through the end of May).
The approximately $1,143,141,000,000 in individual income taxes that the Treasury collected in October through May of this fiscal year was $56,273,800,000 more (in constant May 2018 dollars) than the $1,086,867,200,000 (in constant May 2018 dollars) in individual income taxes that the Treasury collected in October through May of fiscal 2016—which was the previous record.
As the Democrats continue to call the tax cuts “crumbs” and downplay record unemployment, the President continues to fight for the American workers.
The Democrats have repeatedly admitted they’re going to try and raise taxes if they’re able to reclaim the House in 2018 midterm elections.
At the beginning of June, the Democrats were leading the midterm voter polls by 3.2% which was down from a 13% lead in December.
It’ll be interesting to see how that changes following President Trump’s historic peace talks with North Korea.
— Fox News (@FoxNews) June 13, 2018
“One way you get rid of Trump is a crashing economy, so please bring on the recession. Sorry if that hurts people, but it’s either root for a recession or lose your democracy.”
—@billmaher, 6/8/18, net worth $100mil
Bill’s getting his way. Trump’s personal economy has “crashed” pic.twitter.com/XOY0g8Ewpz
— Larry Elder (@larryelder) June 13, 2018
Best US economy in > decade
Consumer confidence, 18 yr highs
Lowest Unemployment since 2000
Record tax reform/tax cuts
US equity markets +$7 trillion
Signed statement w N Korea for complete denuclearization
President Trump, winning at the speed of light
— Kip Herriage (@KHerriage) June 12, 2018