Customs and other import duties (% of tax revenue) in United States was reported at 2.7662 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Customs and other import duties (% of tax revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

This data package includes the underlying data to replicate the charts, tables, and calculations presented in The US Revenue Implications of President Trump’s 2025 Tariffs, PIIE Briefing 25-2.

If you use the data, please cite as:

McKibbin, Warwick, and Geoffrey Shuetrim. 2025. The US Revenue Implications of President Trump’s 2025 Tariffs. PIIE Briefing 25-2. Washington: Peterson Institute for International Economics.

According to estimates, President Trump's proposals to impose universal tariffs as well as tariffs on Chinese, Canadian, and Mexican imports would considerably increase the average tariff rate. If Trump's proposals go into effect, it is estimated that the average tariff rate of all imports would almost triple, marking the highest rate in the United States since 1969.

Government Revenues in the United States increased to 526445 USD Million in June from 371229 USD Million in May of 2025. This dataset provides - United States Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This summary table shows, for Budget Receipts, the total amount of activity for the current month, the current fiscal year-to-date, the comparable prior period year-to-date and the budgeted amount estimated for the current fiscal year for various types of receipts (i.e. individual income tax, corporate income tax, etc.). The Budget Outlays section of the table shows the total amount of activity for the current month, the current fiscal year-to-date, the comparable prior period year-to-date and the budgeted amount estimated for the current fiscal year for functions of the federal government. The table also shows the amounts for the budget/surplus deficit categorized as listed above. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

Land-based sports betting was legalized in the U.S. state of Mississippi on March 13, 2017 (official regulations approved June 21, 2018), when Governor Phil Bryant signed the Fantasy Contests Act, which included a provision to decriminalize sports betting. This means it is now possible to play college sports betting, MLB sports betting, and NBA sports betting in the state. In June 2024, Mississippi generated approximately **** million U.S. dollars of tax revenue from sports betting, down from the previous month's total of approximately **** million U.S. dollars.

United States - Revenue from Governments for Wireless Telecommunications Carriers (Except Satellite), Establishments Subject to Federal Income Tax was 1598.00000 Mil. of $ in July of 2024, according to the United States Federal Reserve. Historically, United States - Revenue from Governments for Wireless Telecommunications Carriers (Except Satellite), Establishments Subject to Federal Income Tax reached a record high of 1831.00000 in January of 2022 and a record low of 951.00000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Revenue from Governments for Wireless Telecommunications Carriers (Except Satellite), Establishments Subject to Federal Income Tax - last updated from the United States Federal Reserve on July of 2025.

This table shows the receipts and outlays of the United States Government by month for the current fiscal year, up to and including the current accounting month. The table also shows the total receipts and outlays for the current fiscal year-to-date and the comparable prior fiscal year-to-date. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

This table shows the gross outlays, applicable receipts and net outlays for the current month, current fiscal year-to-date and prior fiscal year-to-date by various agency programs accounted for in the budget of the federal government. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

This table shows the gross receipts, refunds and net receipts for the current month, the current fiscal year-to-date and the prior fiscal year-to-date for the various receipts of the federal government. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

Release Schedule:.This data is released by calendar quarters...Quarter 1 (January - March): Releases in June.Quarter 2 (April - June): Releases in September.Quarter 3 (July - September): Releases in December.Quarter 4 (October - December): Releases in March...Key Table Information:.This information represents state and local government taxes for of the nation's state and local government sector...The population of interest for this survey covers the 50 state governments, all local government property tax collectors, and local government non-property tax imposers. All state government tax collection is covered. A stratified cluster sample of local property tax collectors yields the estimates of property tax. A stratified simple of local tax imposers yields estimates of all nonproperty taxes. For the fourth quarter of 2010, the latter sample, which gives estimates of nonproperty taxes, replaced a nonprobability sample. A five-quarter bridge report, which compares results using the old methodology to results using the new sample and new methodology, accompanies the release of the data for the first quarter of 2012. For information on the updated methodology for Quarterly Summary of State and Local Government Revenue, see Quarterly Summary of State and Local Tax Revenue Methodology..For further information on the definition and organization of governments, see Chapter 1 of Government Finance and Employment Classification Manual...Geography Coverage:.Data are shown for the United States, the 50 states, and the District of Columbia...Industry Coverage:.Not applicable...FTP Download:.Download the entire tabled at: Quarterly Summary of State and Local Tax Revenue Data Tables..Methodology:.Click the links below to get detailed methodology for each survey. Quarterly Summary of State and Local Tax Revenue Methodology..Symbols:.• Corporate - Corporation Net Income.• tqrr - Total Quality Response Rate.• cv - Coefficient of Variation.• m/e - Margin of Error.• R - Revised from previously published amount...Sources:.U.S. Census Bureau, Quarterly Summary of State and Local Tax Revenue (QTAX)..Contact Information:.U.S. Census Bureau.1-(800)-492-0140.ewd.qtax@census.gov

This table is a subsidiary table for Means of Financing the Deficit or Disposition of Surplus by the U.S. Government providing a detailed view of the Change in Excess of Liabilities. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

This summary table shows the total amount of receipts and outlays and the amount of the budget surplus/deficit by month for the current and prior fiscal years. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

Land-based sports betting has been legal in the U.S. state of Iowa since August 2019. This means that it is possible to play college sports betting, MLB sports betting, and NBA sports betting in the state. In June 2024, Iowa generated approximately ***** thousand U.S. dollars in tax revenue from sports betting, down from the previous month's total of approximately **** million U.S. dollars.

Graph and download economic data for Federal government current tax receipts: Taxes on corporate income (B075RC1Q027SBEA) from Q1 1947 to Q1 2025 about receipts, tax, federal, corporate, government, income, GDP, and USA.

This summary table shows the on-budget and off-budget receipts and outlays, the on-budget and off-budget surplus/deficit, and the means of financing the budget surplus/deficit. The table also shows the budgeted amounts estimated in the President's Budget for the current fiscal year and next fiscal year for each item on the table. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

United States - Revenue from Households for Data Processing, Hosting, and Related Services, Establishments Subject to Federal Income Tax was -1.90000 % Chg. in July of 2021, according to the United States Federal Reserve. Historically, United States - Revenue from Households for Data Processing, Hosting, and Related Services, Establishments Subject to Federal Income Tax reached a record high of 42.10000 in July of 2020 and a record low of -10.60000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Revenue from Households for Data Processing, Hosting, and Related Services, Establishments Subject to Federal Income Tax - last updated from the United States Federal Reserve on July of 2025.

Land-based sports betting has been legal in the U.S. state of New York since July 2019, and mobile sports betting launched in January 2022. This means that it is possible to play college sports betting, MLB sports betting, and NBA sports betting in the state. In June 2024, New York generated roughly **** million U.S. dollars in tax revenue from sports betting, down from the previous month's total of ***** million U.S. dollars.

Land-based sports betting was legalized in the U.S. state of West Virginia on March 9, 2018. This means it is now possible to play college sports betting, MLB sports betting, and NBA sports betting in the state. In June 2024, West Virginia generated ****** thousand U.S. dollars in tax revenue from sports betting, down from the previous month's total of ****** thousand U.S. dollars.

United States - Total Revenue for Information, Establishments Subject to Federal Income Tax was 5.80000 % Chg. in October of 2024, according to the United States Federal Reserve. Historically, United States - Total Revenue for Information, Establishments Subject to Federal Income Tax reached a record high of 11.80000 in October of 2020 and a record low of -7.30000 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Revenue for Information, Establishments Subject to Federal Income Tax - last updated from the United States Federal Reserve on June of 2025.