
USA - Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.
When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. "It illustrates how severe the recession has been." More... Discount Magazine Subscriptions - Discount Cigarettes and Tobacco - Nutty News Today Marketplace - Top Pills Pharmaceutical Products
When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. "It illustrates how severe the recession has been." More... Discount Magazine Subscriptions - Discount Cigarettes and Tobacco - Nutty News Today Marketplace - Top Pills Pharmaceutical Products