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TREASURY: Corporate Tax Revenues Down As Federal Deficit Balloons 88% Higher Than Last Year

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At online.wsj.com

With the housing crisis and volatile markets slowing the economy, the Treasury Department reported yesterday that 'corporate income-tax revenue over the first seven months of the fiscal year' was 14.7 percent 'lower than during the same period a year earlier' while 'the federal deficit ballooned to $152 billion, 88 [percent] higher than the same period last fiscal year.'

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At online.wsj.com


 

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Revenue from all corporate income tax sources is r... by Jack Harrington on Tuesday, May 13, 2008 at 5:11:24 PM
You wrote:  See a bit of a skewing here? Or m... by Amanda Lang on Tuesday, May 13, 2008 at 5:27:45 PM