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.
Distribution of federal government tax revenue in the United States from 2010 to 2029
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US Congressional Budget Office. (April 10, 2024). Distribution of federal government tax revenue in the United States from 2010 to 2029 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/249091/percentage-composition-of-us-government-tax-revenue-and-forecast/
US Congressional Budget Office. "Distribution of federal government tax revenue in the United States from 2010 to 2029." Chart. April 10, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/249091/percentage-composition-of-us-government-tax-revenue-and-forecast/
US Congressional Budget Office. (2024). Distribution of federal government tax revenue in the United States from 2010 to 2029. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/249091/percentage-composition-of-us-government-tax-revenue-and-forecast/
US Congressional Budget Office. "Distribution of Federal Government Tax Revenue in The United States from 2010 to 2029." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/249091/percentage-composition-of-us-government-tax-revenue-and-forecast/
US Congressional Budget Office, Distribution of federal government tax revenue in the United States from 2010 to 2029 Statista, https://www.statista.com/statistics/249091/percentage-composition-of-us-government-tax-revenue-and-forecast/ (last visited December 21, 2024)
Distribution of federal government tax revenue in the United States from 2010 to 2029 [Graph], US Congressional Budget Office, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/249091/percentage-composition-of-us-government-tax-revenue-and-forecast/
