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In 2015 the governments in the United States are expected to collect about 33 percent of Gross Domestic Product in revenue. The federal government will collect about 17.5 percent of GDP, the states will collect about 9 percent of GDP, and local governments about 6.5 percent of GDP.
Governments in the US will collect $6.0 trillion in 2015.
Table 3.01: Total Revenue in 2015
In fiscal 2015 the federal government budgets that revenue will be $3.2 trillion. State revenue for 2015 is "guesstimated" by usgovernmentrevenue.com at $1.6 trillion and local government revenue is "guesstimated" by usgovernmentrevenue.com at $1.2 trillion.
Total revenue at all levels of government in the United States is "guesstimated" by usgovernmentrevenue.com to be $6.0 trillion in 2015.
The governments in the US collect about $3.7 trillion in a year income and payroll taxes.
Table 3.02: Total Revenue Breakdown FY 2015
Income tax is where governments collect the most tax: in federal, state, and local income tax they will collect about $2.2 trillion in 2015. Next in line are social insurance taxes, including Social Security, unemployment and hospital taxes, adding up to $1.5 trillion. Ad-valorem taxes, i.e. sales taxes and property taxes: governments will collect about $1.3 trillion in 2015. Fees and Charges will add up to $0.5 trillion, and Business and Other Revenue will add up to $0.5 trillion in 2015.
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
Chart 3.05: Federal Revenue Pie
Federal revenue is budgeted at $3.18 trillion for FY 2015. Almost all revenue comes from income taxes, individual and corporate, at 57 percent of total federal revenue; and social insurance taxes, at 34 percent of total federal revenue.
Chart 3.06: State Revenue Pie
State government revenue, as "guesstimated" by usgovernmentrevenue.com, will total about $1.65 trillion in FY 2015, and is balanced between five major sources. The largest revenue source is ad-valorem taxes, property and sales taxes, at 32 percent of total state revenue. Social insurance taxes, including income from state employee retirement systems, amount to 25 percent of state revenue. State income taxes amount to 22 percent of total state revenue; fees and charges amount to 12 percent of total state revenue; state business revenue comes in at 10 percent of receipts.
Chart 3.07: Local Revenue Pie
Local government revenue, as "guesstimated" by usgovernmentrevenue.com, will total about $1.16 trillion in FY 2015, and is dominated by ad-valorem taxes — i.e. property and sales taxes — amounting to 50 percent of total local government revenue. Fees and changes amount to 23 percent of local revenue; business revenue amounts to 20 percent of total local revenue. The remaining revenue is 7 percent of total local receipts.
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Revenue data is from official government sources.
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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> State Finances FY13
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