Sunday, July 10, 2016

Excise tax collected

The amount of excise tax collected by the Federal government continues to be lower than last year.  Down 2.5%, about a billion dollars.  This doesn’t tell me that things are terrible.  Just slowed down some.  FUTA collected is down also.  Both personal and corporate income taxes collect through June are up.


Collected
Federal
Excise May      June
  Tax ytd ytd
2016 33233 39897
2015 34088 40937
2014 32746 39499
2013 31939 38808
2012 34007 40680
2011 28400 34699
2010 27970 34441
2009 25665 31517
2008 26250 31764
2007 27113 33043
2006 29192
35683
2005 28501
34646

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