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$2.66T: Tax Revenues for FY14 Hit Record Through August; Gov’t Still Runs $589B Deficit | CNS News

Inflation-adjusted federal tax revenues hit a record $2,663,426,000,000 for the first 11 months of the fiscal year this August, but the federal government still ran a $589,185,000,000 deficit during that time, according to the latest Monthly Treasury Stat

But I thought that more and more taxes was supposed to lead to some kind of a utopia? I mean, that's what we keep hearing from the Democrats: that we just need more money for this, or for that. Now they have the money...and spend it on basically nothing.