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What is the Total US Government Revenue?

In FY 2016, total US government revenue, federal, state, and local, is “guesstimated” to be $6.68 trillion. Federal revenue is budgeted at $3.34 trillion; state revenue is “guesstimated” at $1.98 trillion; local revenue is “guesstimated” at $1.38 trillion.

a usgovernmentrevenue.com briefing:

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Estimated Government Revenue for FY 2016



In 2016 the governments in the United States are expected to collect about 36 percent of Gross Domestic Product in revenue. The federal government will collect about 18.1 percent of GDP, the states will collect about 10.7 percent of GDP, and local governments about 7.3 percent of GDP.

Government Revenue: Federal, State, Local

Governments in the US will collect $6.7 trillion in 2016.

Table 3.01: Total Revenue in 2016

In fiscal 2016 the federal government budgets that revenue will be $3.3 trillion. State revenue for 2016 is "guesstimated" by usgovernmentrevenue.com at $2.09 trillion and local government revenue is "guesstimated" by usgovernmentrevenue.com at $1.3 trillion.

Total revenue at all levels of government in the United States is "guesstimated" by usgovernmentrevenue.com to be $6.7trillion in 2016.


Government Revenue: the Sources

The governments in the US collect about $4.2 trillion in a year income and payroll taxes.

Table 3.02: Total Revenue Breakdown FY 2016

Income tax is where governments collect the most tax: in federal, state, and local income tax they will collect about $2.4 trillion in 2016. Next in line are social insurance taxes, including Social Security, unemployment and hospital taxes, adding up to $1.8 trillion. Ad-valorem taxes, i.e. sales taxes and property taxes, will amount to about $1.4 trillion in 2016. Fees and Charges will add up to $0.5 trillion, and Business and Other Revenue will add up to $0.5 trillion in 2016.

These revenue estimates are based on projections in the federal budget for federal revenue and on "guesstimates" of state and local revenue by usgovernmentrevenue.com.

Government Revenue: the Details

Government revenue is collected at all levels of government: federal, state, and local.

Table 3.03: Total Revenue Details FY 2016

At 50 percent, the federal government collects about half of total government revenue, with states collecting 30 percent and local governments 20 percent. Overwhelmingly, the federal take is collected as income taxes and social insurance payroll taxes. State governments balance their take between income taxes, ad-valorem taxes and other forms of revenue. Local governments collect revenue from ad-valorem taxes such as property taxes and sales taxes.

Government Revenue: the Piecharts

The source of government revenue is mostly income tax for the federal government, and mostly ad-valorem taxes at the local level.

Chart 3.04: Total Revenue Pie

Total government revenue in the United States, including federal, state, and local governments, is expected to total $6.65 trillion in 2016. The total features five major sources. The largest share is incomes taxes, at 36 percent of total revenue; social insurance at 28 percent of total revenue; ad-valorem taxes, at 21 percent of revenue; business revenue, at 8 percent of total revenue; and fees and charges, at 8 percent of total revenue.

Pie Chart of Federal Government Revenue

Chart 3.05: Federal Revenue Pie

Federal revenue is budgeted at $3.34 trillion for FY 2016. Almost all revenue comes from income taxes, individual and corporate, at 58 percent of total federal revenue; and social insurance taxes, at 33 percent of total federal revenue.

Pie Chart of State Government Revenue

Chart 3.06: State Revenue Pie

State government revenue, as "guesstimated" by usgovernmentrevenue.com, will total about $1.98 trillion in FY 2016, and is balanced between five major sources. The largest revenue source is social insurance taxes, including income from state employee retirement systems, amounting to 33 percent of state revenue. Next is ad-valorem taxes, property and sales taxes, at 28 percent of total state revenue. State income taxes amount to 21 percent of total state revenue; fees and charges amount to 10 percent of total state revenue; state business revenue comes in at 8 percent of receipts.

Pie Chart of Local Government Revenue

Chart 3.07: Local Revenue Pie

Local government revenue, as "guesstimated" by usgovernmentrevenue.com, will total about $1.34 trillion in FY 2016, and is dominated by ad-valorem taxes — i.e. property and sales taxes — amounting to 48 percent of total local government revenue. Fees and changes amount to 22 percent of local revenue; business revenue, such as utilities and liquor stores, amounts to 19 percent of total local revenue, and social insurance is 7 percent of revenue. The remaining revenue is 3 percent of total local receipts.

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Revenue Data Sources

Revenue data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of revenue data sources here.

Federal revenue data begins in 1792.

State and local revenue data begins in 1890.

State and local revenue data for individual states begins in 1957.

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Next Data Update

> State Quarterly Taxes FY15

> data update schedule.

Data Sources for 2016:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported revenue forward to future years

> data sources for other years
> data update schedule.

State FY16 Tax Update

On September 25, 2016 usgovernmentspending.com updated FY2016 state revenue with quarterly tax data released by the US Census Bureau on September 20, 2016.  Local tax data was updated by assuming that local taxes for 2016 changed by the same percent as state taxes of the same type.

State and local spending projections for FY2017 to FY2021 have been reestimated using the "Guesstimate" method.

Tax links

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