Percent of total government revenue ... Individual income taxes | 46.2 |
---|---|
Payroll Taxes | 33.9 |
Corporate Income Taxes | 10.6 |
Excise Taxes | 3.1 |
Other | 6.3 |
Sources:
pewresearch.org
Percent of total government revenue ... Individual income taxes | 46.2 |
---|---|
Payroll Taxes | 33.9 |
Corporate Income Taxes | 10.6 |
Excise Taxes | 3.1 |
Other | 6.3 |
When it comes to providing America's government with sufficient funds, it is undoubtedly a collective responsibility. Over 93% of all government revenue is raised through the implementation of taxes, with a plurality of the funding being a product of individual income taxes.