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In FY 2020, total US government revenue, federal, state, and local, is “guesstimated” to be $7.17 trillion.
Government revenues are collected from only a few types of source.
Total Government Revenue
|Income Taxes||$2.6 trillion|
|Social Insurance Taxes||+ $2.0 trillion|
|Ad valorem Taxes||+ $1.7 trillion|
|Fees and Charges||+ $0.6 trillion|
|Business and Other Revenue||+ $0.5 trillion|
|Total Direct Revenue||$7.4 trillion|
|Federal Deficit||+ $1.1 trillion|
| For detailed revenue click here||Switch to spending|
Income Taxes: Individual and corporate income taxes.
Social Insurance Taxes: FICA taxes, unemployment, disability taxes.
Ad valorem Taxes: Sales, excise and property taxes, licenses.
Fees and Charges: Fees for government services other than taxes.
Business and Other Revenue: Revenue from government businesses such as liquor stores and utilities.
Total Direct Revenue: Total Revenue raised by federal, state, or local government. Does not include intergovernmental revenue such as federal grants.
Total revenue: 'guesstimated', as reported by the Office of Management and Budget and projected by usgovernmentspending.com.
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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 1820.
State and local revenue data for individual states begins in 1957.
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> US, State Pop FY17
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