Pondering Of The Day... - John Rothe | Portfolio Manager, Quant, Tech Geek, And Sometime Superhero To My Kids

Pondering Of The Day…

Each month the US Treasury publishes the  Monthly Treasury Statement monthly receipts/outlays. Included in this report is what the government takes in each month from taxes. Looking at the tax receipts of individuals shows us an interesting trend – people are paying more taxes. Not because taxes are up, but because they are making more money.

However, when we look at corporate tax receipts, we see the opposite. Corporations are making less now then they were a few months ago:

This brings up an interesting thought – if US companies are making less, are they about to increase layoffs?

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