Personal taxes in the United States now contribute a record 45.7% of total Federal government receipts

Personal taxes now contribute a multi-year record 45.7% of total Federal government receipts.

US composition of tax receipts until Q1 2018
Source: U.S. Bureau of Economic Analysis


This despite personal tax receipts just rising 1.35% year on year (Q1 2018 vs Q1 2017) from $1.57 trillion in Q1 2017 to $1.59 trillion in Q1 2018.

US total personal tax receipts until Q1 2018
Source: U.S. Bureau of Economic Analysis

Over time, the total composition of tax receipts has changed:

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.