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Federal revenue

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Federal Budget and Economy

Source of Revenue as Share of GDP

Receipt composition as a share of GDP by type of tax from 1934 to 2028.

Federal Budget and Economy

Amount of Revenue by Source

Receipt composition by type of tax from 1934 to 2028.

Federal Budget and Economy

Percentage of Revenue by Source

Percentage of receipt composition for each type of tax from 1934 to 2028.

Federal Budget and Economy

Federal Receipt and Outlay Summary by Fund Group

Summary of receipts and outlays by fund group from 1934 to 2027.

Federal Budget and Economy

Federal Receipt and Outlay Summary

Receipts, outlays, and surplus or deficit in dollars and as a percent of GDP from 1940 to 2027.

Federal Budget and Economy

Government Current Receipts and Expenditures

Combined federal, state and local government current receipts and expenditures.

Federal Budget and Economy

Government Current Receipts and Expenditures, as a Share of GDP

Chart of combined federal, state and local government current receipts and expenditures, as a share of GDP.

Federal Budget and Economy

OECD Taxes as Share of GDP

Total tax revenues (federal, state, and local) as a percentage of GDP for OECD countries.

Federal Budget and Economy

OECD Gross Domestic Product, Tax Revenue, and Population

Annual GDP, tax revenue, and population data for OECD countries.

From The Briefing Book

From the Briefing Book

How are federal taxes distributed?

December 20, 2015 by tpc-admin

Q.

How are federal taxes distributed?

A.

Although enterprises (e.g., retailers, employers) are legally obligated to pay certain taxes, the burden of all taxes ultimately falls on households.

  • Read more about How are federal taxes distributed?

What is a broad-based income tax?

December 23, 2015 by tpc-admin

Q.

What is a broad-based income tax?

A.

One that minimizes tax preferences with the goal of increasing revenue at a given rate of taxation.

  • Read more about What is a broad-based income tax?

What options would increase federal revenues?

September 28, 2018 by tpc-admin

Q.

What options would increase federal revenues?

A.

Policymakers can directly increase revenues by increasing tax rates, reducing tax breaks, expanding the tax base, improving enforcement, and levying new taxes. They can indirectly increase revenues through policies that increase economic activity, income, and wealth.

  • Read more about What options would increase federal revenues?

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  • © Urban Institute, Brookings Institution, and individual authors, 2022.