2/20/12

About tax receipts

This chart shows two lines. One line is the growth in real GDP (red line). The second line is the growth in tax receipts (blue line). Click on the chart to enlarge it.

Tax receipts are slowing down in a worrisome way. They are slowing down reflecting slow growth in GDP.

Can tax receipts growth faster if the economy remains sluggish? These graphs suggest that it is highly unlikely.

More details in my The Peter Dag Portfolio , in Dag's Exclusive Market Alert, and my free educational videos on http://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

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