Menu Close

Giant Gain in November Withholding Tax Collections

Federal withholding tax collections surged in November on the heels of the October stall. That stall was due to hurricanes and the Boeing strike. We were aware that a rebound was already under way in late October. It continued with a vengeance in November. But much of the growth was a result of delayed demand. It was a bungee effect from the October pullback. Non-subscribers, click here for the rest of the story.

Subscribers, click here to download the report.

The bigger picture shows ongoing strong revenue growth that could reduce xxxxxxx xxxxxxxx xxxxxx xxxxxxx the months ahead, especially if the Trump Administration lets the debt ceiling play out. That and strong revenue growth would mean months of xxxxxxx x xx xxxxxxxxxx xxxxxxxxx beginning in xxxxxxxxxxxx and lasting through xxxxxxxxxxxxxxxx. Non-subscribers, click here for the rest of the story.

KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality! 

Posted in 1 - Liquidity Trader- Money Trends, Fed, Central Bank and Banking Macro Liquidity