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Withholding Taxes Bouncing Back In August

Withholding tax collections are bouncing back in August after a weak July. This week is the reference week for the BLS survey. Here’s what the current, real time tax collection means for the coming top line economic data and for the August nonfarm payrolls number, as well as for future Treasury supply.

Federal Revenues Pro Trader subscribers (or Professional Edition), click here to download complete report in pdf format.

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The next report for Federal Revenue Investor Monthly subscribers will be posted in early September.

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