why is revenue down from last year?

Question

why is revenue down from last year?

Answer 1

Revenue is down, from last year?

If you mean "revenue" from your own business or employment, I don't have enough information to answer that question.

However, if you mean "tax revenue" to the US Treasury, your information premise is in error, as such revenue hit an all-time high, in the first quarter of 2007!

And why is tax revenue at an all-time high, even though income tax rates, now, as contrasted to those of the last decade and a half, are relatively very low?

Because business and personal incomes, on the average, also hit all-time highs, in 2006!

Low interest rates, low tax rates and high government spending all served to generate huge money-flow into the economy!

Furthermore, resultant from increaingly favorable federal fiscal policies of the last 6+ years, businesses are reporting huge profit increases, in the first quarter of 2007!


Phil
http://www.phillipfostercpa.com/money.html

Answer 2

What type of revenue for who? Tax revenue for the first quarter of 2007 set an all time record.

Answer 3

Democrats taking office are putting country into death spiral towards depression and economic collapse.