About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 A Closer Look at Revenues: Funds Collected from the Public That Arise from the Government's Exercise of Its Sovereign Powers [1] (April 30, 2021)

handle is hein.congrec/cllkrvfcol0001 and id is 1 raw text is: THE FEDERAL BUDGET IN FISCAL YEAR A CLOSER LOOK AT REVENUES Funds collected from the public that arise from the government's exercise of its sovereign powers LUI U $3.4 sl.6 16 z Trillion Trillion of Revenues received Receipts from Rv ytefdrlidvda noetxs oenettelretsuc in 2020 of revenues in 2020 - TRENDS IN REVENUES Percentage of Gross Domestic Product 2005 2010 2015 Old-Age, Survivors, and Disability Insurance Hospital Insurance 18 Estate and Excse [L LMscellaneous GfTae Taxes Federal Customs Fees and Fnes Gf ae Reserve Duties Remittances 0 300 600 900 O Prepared by Christine Bogusz, Dan Ready, and Jorge Salazar Source: Congressional Budget Office, April 2021 All data are for federal fiscal years, which run from October 1 o September 30. Numbers may nor add up to rotals because of rounding. 10 The first month] of the most recent recession was March 2020. 2000 Individual Income Taxes Taxes Other neoan REVENUES IN 2020 Billions of Dollars 2020 Individual Income Taxes 1,609 Payrol Taxes 1,310 Corporate Income Taxes 212 Otnher 289 -Other 1,200 1,500 1,800 ___________ _________________ I ________________________________________

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most