The Corporate Tax Rate in the United States stands at 21 percent. This dataset provides - United States Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

California has the highest tax rate on gasoline in the United States. As of January 2024, the gas tax in California amounted to 68.1 U.S. cents per gallon. California has long been known as the state with the highest tax rates – and consequently some of the highest fuel prices in the country. In October 2024, it ranked above Hawaii as the U.S. state with the highest gasoline retail price. Gas price components Out of all components making up retail gasoline prices, federal and state taxes are one of the strongest determinants for how much consumers pay for gas. These taxes are generally invested back into the construction and repair of road infrastructure. The federal government also places a tax on gasoline sold in the country, but almost every gas tax imposed by the states themselves is higher than this federal rate. Higher gasoline taxes may also affect driving habits, as those who live in states with higher gas taxes tend to drive less when other options are available. U.S. motor fuel tax revenue State taxes on fuel were first introduced in Oregon in 1919 while the rest of the states followed suit within the next decade. The amount generated through such taxes increased significantly throughout the last 40 years, with annual U.S. state and local motor fuel tax revenue climbing to over 53 billion U.S. dollars.

Graph and download economic data for Federal Receipts as Percent of Gross Domestic Product (FYFRGDA188S) from 1929 to 2024 about receipts, federal, GDP, and USA.

The total receipts of the United States government added up to about 4.44 trillion U.S. dollars in 2023. This was a slight decrease from 2022 levels. By 2029, the total receipts of the U.S. government are expected to increase to about 6.8 trillion U.S. dollars.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

Graph and download economic data for Income Before Taxes: Income Before Taxes by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) (CXUINCBEFTXLB0106M) from 1984 to 2023 about percentile, tax, income, and USA.

Uruguay had the highest carbon tax rate worldwide as of April 2024, at 167 U.S. dollars per metric ton of CO₂ equivalent (USD/tCO₂e). Despite being the most expensive across the globe, Uruguay’s carbon tax covered only about five percent of the greenhouse gas emissions in the country. Finland – the world's first country to implement a carbon tax – had a rate of almost 100 USD/tCO₂e. How do carbon taxes work? Carbon taxes are a type of environmental tax, typically levied on fossil fuels and certain high-polluting industrial processes. Governments set a price per unit of carbon emitted, which can vary depending on the jurisdiction and may be set by legislation or through a market-based mechanism. The revenue generated from carbon taxes can be used in various ways, such as investing it in renewable energy projects or climate adaptation initiatives. Altogether, carbon taxes aim to ensure that big polluters bear the costs of their environmental impact while providing an economic incentive to reduce their carbon footprint. Emissions trading systems (ETS) ETS are one of the main carbon pricing instruments worldwide. They work on a cap-and-trade principle, which limits the emissions a participant can produce each year through allowances. These can be allocated through various methods, such as auctions, free allocation based on historical emissions, or a combination of both. In addition to that, entities are also allowed to buy and sell allowances among themselves in a regulated market.

Graph and download economic data for Net Change in Total Assets and Liabilities by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) (CXUCHGASLILB0106M) from 1990 to 2023 about change, percentile, liabilities, tax, Net, assets, income, and USA.

Graph and download economic data for Expenditures: Apparel, Men, 16 and over by Deciles of Income Before Taxes: Highest 10 Percent (91st to 100th Percentile) (CXUMENSLB1511M) from 2014 to 2023 about males, percentile, apparel, tax, expenditures, income, and USA.

Graph and download economic data for Income After Taxes: Income After Taxes by Deciles of Income Before Taxes: Highest 10 Percent (91st to 100th Percentile) (CXUINCAFTTXLB1511M) from 2014 to 2023 about percentile, tax, income, and USA.

Graph and download economic data for Expenditures: Healthcare by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) (CXUHEALTHLB0106M) from 1984 to 2023 about healthcare, health, percentile, tax, expenditures, income, and USA.

Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.