2009 Federal Revenue and Spending Book of Charts

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A Breakdown of Federal Revenue Sources

Social insurance taxes, which fund programs such as Social Security and Medicare, are now the second-largest source of revenue. Yet without reforms, dramatically higher taxes will be needed to pay for these programs.

Type of Taxes as a Percentage of Total Federal Revenue

Total Federal Revenue
 
 
Source: Congressional Budget Office.

Key Research:
Taxes and Tax Rates

The Clinton Administration Oversaw the Highest Increase in Taxes per Household



Corporate Income Tax Receipts Stay Constant Even as Tax Rates Decline



Corporate Income Tax Cuts Boost Federal Revenues



Current Tax Receipts Below Historical Average



Federal Government Revenues Have More Than Tripled Since 1965



Income Tax Receipts Stay Constant Even as Tax Rates Decline



Connecticut, New York, and New Jersey Have the Highest Percentage of Taxpayers Paying the Alternative Minimum Tax



A Breakdown of Federal Revenue Sources



Taxes per Household Have Risen Dramatically



The Top 10 Percent of Income Earners Paid 71 Percent of Federal Income Tax



Total Tax Burden Is Rising to Highest Level in History