eab0e - 1y
Seems like the Treasury cash account might run out sooner than Yellen originally modeled amid this debt ceiling impasse. Here in tax season, rather few people have 2022 capital gains taxes to pay.
ec60d - 1y
Only the dirty oil companies made me money last year. Gotta love ‘em!
d9119 - 1y
Woops
56cd8 - 1y
Don't worry, it's transitory.
b726e - 1y
Almost like the IRS new they’d need more agents to focus more on the earned income from us working stiffs
a7bbc - 1y
‘How the treasury went broke’- Lyn Alden
014c0 - 1y
Tax receipts will be lower than expected this year since IRS extended due date of payments for most CA residents until Oct 15th NY residents have been extended until May 15th That’s two major state economies right there
27461 - 1y
Taxpayers have to pay estimated taxes ahead of time anyway, no? Lots of people are getting tax returns in April/May. So it's not like treasury can hope for some extra taxes *now*.
b0bbc - 1y
Don't worry, they got a printer laying around
c064d - 1y
Silly question Lyn, if the FED is running negative, where does the money come from to pay JP's salary, etc? Do they "borrow it" from themselves and add the negative liability to their balance sheet? Isn't that QE then?
60dcf - 1y
Fantastic controbution as always. Dear Lyn, dear followers: can you please suggest more people to follow who are on Nostr and provide value, especially in the financial sector? I want to move to Nostr, but am currently solely following Lyn (which is already a lot!).
Tatsuya @tatsuya - 1y
Brrrrrr #[0]
