Withholding Taxes and Treasury Cash Drive For Five - InvestingChannel

Withholding Taxes and Treasury Cash Drive For Five

The growth rate of current Federal Withholding tax collections as reported in real time, approached 5% in real terms and the Federal Government’s cash account neared a gargantuan $500 billion in October. Other tax data also showed gains. Here’s what this means for the stock and bond markets, and for Friday’s jobs data in particular.…

The post Withholding Taxes and Treasury Cash Drive For Five was originally published at The Wall Street Examiner. Follow the money!