Withholding tax collections soared in the second half November after a very weak start. Is the surge an anomaly, or is it a sign of…
We already knew from our look at the end of month Daily Treasury Statement that October withholding taxes were bad news for the US economy.…
Withholding tax collections fell in October. The weakening trend since the tax cut resumed after a brief respite in September. That has all kinds of…
Tax collections fell again in September as the Trump Tax Cut continues to bite into federal revenues.
The stabilization of withholding taxes, along with rising excise taxes suggest that top line economic data will continue to show increases. Here’s how we know,…
There’s evidence that the revenue loss has stabilized. But there’s no sign of growth. Here’s why that’s bad news for stocks.
The data suggests that the economy has perked up from some softness in the previous 3 months. That will encourage the Fed not only to…
There were more signs of economic slowing in the monthly Federal Tax data and real time data on gasoline consumption. Here’s how that could turn…
July withholding taxes suggest there may be a big surprise coming in Friday’s Nonfarm Payrolls report.
Tax collections fell in June as the Trump Tax Cut continued to bite into federal revenues. The fall in tax collections combined with the rise…
