Tax Policy Center

Fiscal Facts

October 3, 2022
Shares of individual, corporate, and payroll tax receipts have been roughly stable over the past two decades. However, between 2020 and 2021 individual and corporate receipts increased as a share of total receipts (by 4% and 3% respectively) and payroll t
Fact: 
Shares of individual, corporate, and payroll tax receipts have been roughly stable over the past two decades. However, between 2020 and 2021 individual and corporate receipts increased as a share of total receipts (by 4% and 3% respectively) and payroll tax receipts declined by 5%.