Are Declining Federal Tax Receipts A Harbinger Of Recession? Or Tax Cuts?

Typically, before and during economic recessions, Federal government tax receipts plunge like a paralyzed falcon. And they are plunging again.


Could it be the tax cuts taking effect? Or is it a precursor to a recession? Or both?

Inquiring minds want to know!


My favorite!


Or this Federal Reserve newspaper cover!


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