{"id":13037,"date":"2009-05-27T20:41:17","date_gmt":"2009-05-27T20:41:17","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/irs_tax_revenue_falls_along_with_taxpayers_income\/"},"modified":"2009-05-27T20:41:17","modified_gmt":"2009-05-27T20:41:17","slug":"irs_tax_revenue_falls_along_with_taxpayers_income","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=13037","title":{"rendered":"IRS tax revenue falls along with taxpayers&#39; income"},"content":{"rendered":"<p>Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago \u201d\u201d the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.<\/p>\n<p>When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. &#8220;It illustrates how severe the recession has been.&#8221;<\/p>\n<p><a href=\"http:\/\/www.usatoday.com\/money\/perfi\/taxes\/2009-05-26-irs-tax-revenue-down_N.htm\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago \u201d\u201d the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says. When the economy slumps, so does tax<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=13037\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,587,596,669,584],"tags":[],"class_list":["post-13037","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-taxes","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-national-deficit","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/13037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13037"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/13037\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}