In 2023, revenue from individual income tax accounted for 49 percent of total tax revenues collected by the U.S. federal government. By 2029, these taxes are expected to account for 52 percent, reflecting a small decrease. Corporation income tax, however, is expected to increase from 9.4 percent in 2023, to 10.9 percent by 2029.

Graph and download economic data for U.S Individual Income Tax: Tax Rates for Regular Tax: Highest Bracket (IITTRHB) from 1913 to 2018 about individual, tax, income, rate, and USA.

Revenue from income tax in the United States amounted to about 2.18 trillion U.S. dollars in 2023. The forecast predicts an increase in income tax revenues up to 3.97 trillion U.S. dollars in 2034.

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.

In 2021, Oregon sourced **** percent of its tax revenue from person income, and a further *** percent from corporate income tax. Some states, such as Alaska, Texas, and Florida do not collect personal income tax, but collect a majority of their tax revenues from general sales tax.

In total, about 59.9 percent of U.S. households paid income tax in 2022. The remaining 40.1 percent of households paid no individual income tax. In that same year, about 47.1 percent of U.S. households with an income between 40,000 and 50,000 U.S. dollars paid no individual income taxes.

United States - Total Revenue for Motion Picture and Video Production and Distribution, Establishments Subject to Federal Income Tax, Employer Firms was 92891.00000 Mil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - Total Revenue for Motion Picture and Video Production and Distribution, Establishments Subject to Federal Income Tax, Employer Firms reached a record high of 92891.00000 in January of 2022 and a record low of 47924.00000 in January of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Revenue for Motion Picture and Video Production and Distribution, Establishments Subject to Federal Income Tax, Employer Firms - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Personal Taxes: Federal Income Taxes by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXUFEDTAXESLB0102M) from 1984 to 2023 about percentile, tax, federal, personal, income, and USA.

United States - Total Revenue for Electric Power Generation, Transmission and Distribution, Establishments Subject to Federal Income Tax was 151292.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Total Revenue for Electric Power Generation, Transmission and Distribution, Establishments Subject to Federal Income Tax reached a record high of 167054.00000 in July of 2022 and a record low of 100605.00000 in April of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Revenue for Electric Power Generation, Transmission and Distribution, Establishments Subject to Federal Income Tax - last updated from the United States Federal Reserve on July of 2025.

To what extent can state governments influence economic inequality? How do state fiscal policies of redistribution affect families in different economic situations? Using a large database of state fiscal policymaking tools (taxing and spending) between 1976 and 2006 we examine the effect of these tools on state level inequality as well as the average incomes of families in different economic groups. We find that state taxing and spending efforts can influence these indicators of economic inequality, though these fiscal policy tools can have differential effects. Spending on unemployment compensation and cash assistance as well as revenue from taxes on corporations are found to reduce state level inequality. We also find unemployment compensation to positively benefit the bottom 10th percentile of income earners, while the inheritance tax helps all income groups. Corporate tax revenue is associated with higher middle class incomes, while income tax revenue benefits both middle and upper incomes. Sales tax revenue positively benefits wealthy earners. Higher property tax revenue is associated with decreased income for all groups. These results suggest that state governments can affect redistribution through fiscal policies by affecting both state level inequality as well as the economic fortunes of different income groups.

United States - Total Revenue for Advertising Material Distribution Services, Establishments Subject to Federal Income Tax, Employer Firms was 4976.00000 Mil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - Total Revenue for Advertising Material Distribution Services, Establishments Subject to Federal Income Tax, Employer Firms reached a record high of 4976.00000 in January of 2022 and a record low of 2703.00000 in January of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Revenue for Advertising Material Distribution Services, Establishments Subject to Federal Income Tax, Employer Firms - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Total Revenue for Electric Power Generation, Transmission and Distribution, Establishments Subject to Federal Income Tax (REV2211TAXABL144QNSA) from Q1 2010 to Q1 2025 about power transmission, distributive, revenue, electricity, establishments, tax, federal, income, and USA.

In 2020, about 97.68 percent of total income taxes in the United States were paid by the top 50 percent of earners. In that same year, the top one percent of earners paid 42.31 percent of total income taxes in the country.

Personal income tax is collected annually from Ontario residents and those who earned income in the province. The tax is calculated separately from federal income tax. There are 5 Ontario income tax brackets and 5 corresponding tax rates. For an explanation of these rates and credits, refer to the federal and provincial personal income tax return for the applicable year. To get a copy of the return (also known as a T1) contact the Canada Revenue Agency at 1-800-959-8281 or visit canada.ca/cra-forms. Read on: about personal income tax This data is related to: * Filing your tax return * Taxes and benefits * Business income tax Related data: * Personal income tax * Provincial tax database

Graph and download economic data for Total Revenue for Natural Gas Distribution, Establishments Subject to Federal Income Tax (REV22121TMSA) from Q1 2010 to Q1 2025 about distributive, revenue, establishments, gas, tax, federal, income, and USA.

This table provides census family taxation statistics, including effective tax and transfer rates, the total amount of taxes paid and government transfers received, and the proportion of Canadian census families that pay tax or receive government transfers.

United States - Total Revenue for Natural Gas Distribution, Establishments Subject to Federal Income Tax was 76.20000 % Chg. in October of 2024, according to the United States Federal Reserve. Historically, United States - Total Revenue for Natural Gas Distribution, Establishments Subject to Federal Income Tax reached a record high of 79.70000 in October of 2012 and a record low of -55.30000 in April of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Revenue for Natural Gas Distribution, Establishments Subject to Federal Income Tax - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Total Revenue for Advertising Material Distribution Services, Establishments Subject to Federal Income Tax, Employer Firms (REVEF54187TAXABL) from 2007 to 2022 about advertisement, distributive, employer firms, materials, revenue, establishments, tax, federal, services, income, and USA.

United States - Total Revenue for Natural Gas Distribution, Establishments Subject to Federal Income Tax, Employer Firms was 175334.00000 Mil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - Total Revenue for Natural Gas Distribution, Establishments Subject to Federal Income Tax, Employer Firms reached a record high of 175334.00000 in January of 2022 and a record low of 89568.00000 in January of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Revenue for Natural Gas Distribution, Establishments Subject to Federal Income Tax, Employer Firms - last updated from the United States Federal Reserve on June of 2025.