CORRECTION: This morning I noticed an error in my reporting of the Federal Excise Tax collections in January. The error was borderline material relative to…
Tax collections rose year to year in January, despite the tax cut taking effect. That means that US economic growth will continue to be hot…
Note: This report was originally posted in the wrong category on Wednesday. It is part of the Federal Revenues Pro Trader Service, not the Macro…
Real time withholding tax collections slumped badly in August after skyrocketing in July. The growth rate is now back to the lowest levels of the…
After 3 weak months, Federal Withholding Tax collectionss rose sharply in July. Here’s how the data looks and what it means for the markets.
Real time withholding tax collections contracted in June.They’re not the only taxes that are falling.
Real time withholding tax collections had a meager gain in May, increasing by just 3.3% in nominal terms. Adjusting for the reported wage inflation for…
Real time withholding tax collections have been strong since I last reported on April 24. The nominal annual growth rate is now 6.6%%. This has…
Real time withholding tax collection data rebounded in recent weeks and no longer show the US economy contracting. However, the trend of the growth rate…
The annual rate of change in withholding tax collections through Thursday, February 25, adjusted for wage and salary inflation, was essentially zero, putting the US…
