RECEIPTS BY SOURCE, OUTLAYS, AND GDP: 1940-2015
(in billions of dollars)
Individ Corporate Social Excise Total Total
Year Income Income Insurance Tax Other Receipts Outlays GDP
---- --------- --------- --------- -------- -------- -------- -------- --------
1940 0.89 1.20 1.79 1.98 0.70 6.55 9.47 96.8
1941 1.31 2.12 1.94 2.55 0.78 8.71 13.65 114.1
1942 3.26 4.72 2.45 3.40 0.80 14.63 35.14 144.3
1943 6.51 9.56 3.04 4.10 0.80 24.00 78.56 180.3
1944 19.71 14.84 3.47 4.76 0.97 43.75 91.30 209.2
1945 18.37 15.99 3.45 6.27 1.08 45.16 92.71 221.4
1946 16.10 11.88 3.12 7.00 1.20 39.30 55.23 222.6
1947 17.94 8.62 3.42 7.21 1.33 38.51 34.50 233.2
1948 19.32 9.68 3.75 7.36 1.46 41.56 29.76 256.6
1949 15.55 11.19 3.78 7.50 1.39 39.42 38.84 271.3
1950 15.76 10.45 4.34 7.55 1.35 39.44 42.56 273.1
1951 21.62 14.10 5.67 8.65 1.58 51.62 45.51 320.2
1952 27.93 21.23 6.45 8.85 1.71 66.17 67.69 348.7
1953 29.82 21.24 6.82 9.88 1.86 69.61 76.10 372.5
1954 29.54 21.10 7.21 9.95 1.91 69.70 70.86 377.0
1955 28.75 17.86 7.86 9.13 1.85 65.45 68.44 395.9
1956 32.19 20.88 9.32 9.93 2.27 74.59 70.64 427.0
1957 35.62 21.17 10.00 10.53 2.67 79.99 76.58 450.9
1958 34.72 20.07 11.24 10.64 2.96 79.64 82.41 460.0
1959 36.72 17.31 11.72 10.58 2.92 79.25 92.10 490.2
1960 40.72 21.49 14.68 11.68 3.92 92.49 92.19 518.9
1961 41.34 20.95 16.44 11.86 3.80 94.39 97.72 529.9
1962 45.57 20.52 17.05 12.53 4.00 99.68 106.82 567.8
1963 47.59 21.58 19.80 13.19 4.40 106.56 111.32 599.2
1964 48.70 23.49 21.96 13.73 4.73 112.61 118.53 641.5
1965 48.79 25.46 22.24 14.57 5.75 116.82 118.23 687.5
1966 55.45 30.07 25.55 13.06 6.71 130.84 134.53 755.8
1967 61.53 33.97 32.62 13.72 6.99 148.82 157.46 810.0
1968 68.73 28.67 33.92 14.08 7.58 152.97 178.13 868.4
1969 87.25 36.68 39.02 15.22 8.72 186.88 183.64 948.1
1970 90.41 32.83 44.36 15.71 9.50 192.81 195.65 1012.7
1971 86.23 26.79 47.33 16.61 10.19 187.14 210.17 1080.0
1972 94.74 32.17 52.57 15.48 12.36 207.31 230.68 1176.5
1973 103.25 36.15 63.12 16.26 12.03 230.80 245.71 1310.6
1974 118.95 38.62 75.07 16.84 13.74 263.22 269.36 1438.5
1975 122.39 40.62 84.53 16.55 15.00 279.09 332.33 1560.2
1976 131.60 41.41 90.77 16.96 17.32 298.06 371.79 1738.1
1977 157.63 54.89 106.49 17.55 19.01 355.56 409.22 1973.5
1978 180.99 59.95 120.97 18.38 19.28 399.56 458.75 2217.5
1979 217.84 65.68 138.94 18.75 22.10 463.30 504.03 2501.4
1980 244.07 64.60 157.80 24.33 26.31 517.11 590.94 2724.2
1981 285.92 61.14 182.72 40.84 28.66 599.27 678.24 3057.0
1982 297.74 49.21 201.50 36.31 33.01 617.77 745.74 3223.7
1983 288.94 37.02 208.99 35.30 30.31 600.56 808.36 3440.7
1984 298.42 56.89 239.38 37.36 34.39 666.44 851.81 3844.4
1985 334.53 61.33 265.16 35.99 37.02 734.04 946.34 4146.3
1986 348.96 63.14 283.90 32.92 40.23 769.16 990.38 4403.9
1987 392.56 83.93 303.32 32.46 42.03 854.29 1004.02 4651.4
1988 401.18 94.51 334.34 35.23 43.99 909.24 1064.42 5008.5
1989 445.69 103.29 359.42 34.39 48.32 991.11 1143.74 5399.5
1990 466.88 93.51 380.05 35.35 56.19 1031.97 1253.01 5734.5
1991 467.83 98.09 396.02 42.40 50.67 1055.00 1324.23 5930.5
1992 475.96 100.27 413.69 45.57 55.73 1091.22 1381.54 6242.0
1993 509.68 117.52 428.30 48.06 50.78 1154.34 1409.39 6587.3
1994 543.06 140.39 461.48 55.23 58.44 1258.58 1461.77 6976.6
1995 590.24 157.00 484.47 57.48 62.60 1351.80 1515.75 7341.1
1996 656.42 171.82 509.41 54.01 61.39 1453.06 1560.49 7718.3
1997 737.47 182.29 539.37 56.92 63.19 1579.24 1601.12 8211.7
1998 828.59 188.68 571.83 57.67 74.97 1721.73 1652.46 8663.0
1999 879.48 184.68 611.83 70.41 81.05 1827.46 1701.85 9208.4
2000 1004.46 207.29 652.85 68.87 91.73 2025.20 1788.96 9821.0
2001 994.34 151.08 693.97 66.23 85.53 1991.14 1862.91 10225.3
2002 858.35 148.04 700.76 66.99 79.01 1853.15 2010.91 10543.9
2003 793.70 131.78 712.98 67.52 76.34 1782.32 2159.91 10979.8
2004 808.96 189.37 733.41 69.86 78.53 1880.13 2292.85 11685.6
2005 927.22 278.28 794.13 73.09 80.90 2153.63 2471.97 12445.7
2006 1043.91 353.92 837.82 73.96 97.27 2406.88 2655.06 13224.9
2007 1163.47 370.24 869.61 65.07 99.61 2568.00 2728.70 13896.0
2008 1145.75 304.35 900.16 67.33 106.42 2524.00 2982.55 14439.0
2009 915.31 138.23 890.92 62.48 98.06 2105.00 3517.68 14237.2
2010* 935.77 156.74 875.76 73.20 123.65 2165.12 3720.70 14623.9
2011* 1121.30 296.90 935.12 74.29 139.58 2567.18 3833.86 15299.0
2012* 1326.05 366.36 1004.91 81.09 148.00 2926.40 3754.85 16203.3
2013* 1468.41 393.47 1070.24 84.99 171.00 3188.12 3915.44 17182.2
2014* 1603.86 444.81 1132.21 86.50 188.08 3455.45 4161.23 18192.6
2015* 1733.48 411.06 1194.64 87.83 206.68 3633.68 4385.53 19190.4
-------------------------------------------------------------------------------
RECEIPTS BY SOURCE, OUTLAYS, AND GDP: 1940-2015
(in billions of constant 2005 dollars)
Individ Corporate Social Excise Total Total Outlay
Year Income Income Insurance Tax Other Receipts Outlays GDP Deflator
---- --------- --------- --------- -------- -------- -------- -------- -------- --------
1940 11.09 14.89 22.20 24.59 8.68 81.44 117.76 1204.0 0.0804
1941 15.72 25.41 23.21 30.53 9.34 104.21 163.31 1364.8 0.0836
1942 34.86 50.42 26.20 36.31 8.56 156.35 375.40 1541.7 0.0936
1943 63.40 93.15 29.67 39.92 7.80 233.93 765.64 1757.3 0.1026
1944 207.64 156.35 36.60 50.15 10.24 460.98 962.11 2204.4 0.0949
1945 203.01 176.66 38.13 69.23 11.97 498.99 1024.44 2446.4 0.0905
1946 177.68 131.16 34.38 77.24 13.27 433.73 609.62 2457.0 0.0906
1947 179.35 86.15 34.22 72.11 13.31 385.14 344.96 2332.0 0.1000
1948 182.56 91.47 35.45 69.53 13.81 392.82 281.32 2425.3 0.1058
1949 151.88 109.30 36.92 73.26 13.55 384.91 379.25 2649.4 0.1024
1950 148.07 98.20 40.77 70.96 12.70 370.70 400.02 2566.7 0.1064
1951 206.46 134.68 54.19 82.60 15.07 492.99 434.71 3058.3 0.1047
1952 268.34 203.90 61.91 85.03 16.43 635.61 650.20 3349.7 0.1041
1953 265.27 188.95 60.68 87.87 16.52 619.29 677.06 3314.1 0.1124
1954 254.02 181.44 61.98 85.51 16.38 599.32 609.24 3241.6 0.1163
1955 238.96 148.47 65.35 75.90 15.38 544.06 568.94 3290.9 0.1203
1956 254.85 165.32 73.79 78.61 17.97 590.55 559.30 3380.8 0.1263
1957 268.43 159.51 75.34 79.38 20.14 602.79 577.08 3397.9 0.1327
1958 247.15 142.88 79.99 75.72 21.07 566.80 586.51 3274.0 0.1405
1959 251.50 118.55 80.29 72.45 20.01 542.80 630.81 3357.5 0.1460
1960 277.73 146.62 100.16 79.65 26.76 630.91 628.86 3539.6 0.1466
1961 274.31 139.04 109.08 78.70 25.19 626.33 648.46 3516.3 0.1507
1962 301.59 135.82 112.81 82.95 26.48 659.67 706.96 3757.8 0.1511
1963 301.38 136.66 125.42 83.56 27.83 674.86 704.98 3794.8 0.1579
1964 304.55 146.92 137.35 85.87 29.59 704.27 741.26 4011.9 0.1599
1965 301.19 157.17 137.30 89.94 35.51 721.09 729.80 4243.8 0.1620
1966 334.41 181.38 154.08 78.78 40.46 789.11 811.41 4558.5 0.1658
1967 361.92 199.83 191.88 80.70 41.10 875.42 926.26 4764.7 0.1700
1968 389.38 162.41 192.20 79.77 42.95 866.70 1009.26 4920.1 0.1765
1969 463.84 194.99 207.42 80.93 46.35 993.52 976.29 5040.4 0.1881
1970 454.10 164.89 222.81 78.88 47.71 968.39 982.67 5086.4 0.1991
1971 404.27 125.57 221.87 77.89 47.75 877.35 985.34 5063.3 0.2133
1972 414.97 140.89 230.28 67.79 54.12 908.06 1010.43 5153.3 0.2283
1973 428.05 149.89 261.67 67.41 49.86 956.88 1018.69 5433.7 0.2412
1974 453.84 147.35 286.42 64.27 52.41 1004.29 1027.70 5488.4 0.2621
1975 423.63 140.61 292.61 57.29 51.91 966.04 1150.34 5400.5 0.2889
1976 422.21 132.85 291.21 54.42 55.56 956.24 1192.79 5576.2 0.3117
1977 467.59 162.84 315.89 52.06 56.39 1054.76 1213.94 5854.3 0.3371
1978 504.43 167.09 337.14 51.22 53.73 1113.60 1278.56 6180.3 0.3588
1979 558.28 168.32 356.07 48.04 56.64 1187.34 1291.72 6410.6 0.3902
1980 565.24 149.61 365.45 56.34 60.93 1197.57 1368.55 6308.9 0.4318
1981 597.03 127.66 381.54 85.28 59.84 1251.35 1416.25 6383.4 0.4789
1982 579.72 95.81 392.32 70.70 64.26 1202.82 1451.99 6276.7 0.5136
1983 535.76 68.65 387.53 65.46 56.20 1113.60 1498.91 6379.9 0.5393
1984 525.84 100.25 421.81 65.83 60.60 1174.34 1500.98 6774.3 0.5675
1985 570.09 104.52 451.88 61.34 63.09 1250.92 1612.72 7066.0 0.5868
1986 579.67 104.89 471.60 54.68 66.83 1277.67 1645.15 7315.4 0.6020
1987 632.14 135.15 488.43 52.27 67.68 1375.67 1616.77 7490.2 0.6210
1988 627.04 147.71 522.56 55.06 68.75 1421.13 1663.67 7828.2 0.6398
1989 671.83 155.70 541.78 51.83 72.84 1493.98 1724.06 8139.1 0.6634
1990 682.58 136.71 555.62 51.67 82.15 1508.73 1831.88 8383.8 0.6840
1991 653.21 136.95 552.94 59.20 70.74 1473.05 1848.97 8280.5 0.7162
1992 640.08 134.84 556.33 61.28 74.95 1467.49 1857.91 8394.3 0.7436
1993 667.38 153.88 560.82 62.93 66.50 1511.51 1845.48 8625.5 0.7637
1994 698.01 180.44 593.16 70.98 75.12 1617.71 1878.88 8967.4 0.7780
1995 738.54 196.45 606.20 71.93 78.32 1691.44 1896.59 9185.6 0.7992
1996 802.07 209.95 622.45 66.00 75.01 1775.48 1906.75 9431.0 0.8184
1997 882.56 218.16 645.49 68.12 75.62 1889.95 1916.14 9827.3 0.8356
1998 982.20 223.66 677.85 68.37 88.86 2040.94 1958.82 10269.1 0.8436
1999 1028.15 215.90 715.26 82.32 94.75 2136.38 1989.54 10765.0 0.8554
2000 1145.73 236.44 744.67 78.55 104.63 2310.02 2040.56 11202.2 0.8767
2001 1106.30 168.09 772.10 73.69 95.16 2215.33 2072.66 11376.6 0.8988
2002 939.62 162.06 767.12 73.33 86.49 2028.63 2201.32 11542.3 0.9135
2003 846.61 140.56 760.51 72.03 81.43 1901.14 2303.90 11711.8 0.9375
2004 838.82 196.36 760.48 72.43 81.43 1949.53 2377.49 12117.0 0.9644
2005 927.22 278.28 794.13 73.09 80.90 2153.63 2471.97 12445.7 1.0000
2006 1008.02 341.75 809.02 71.42 93.93 2324.14 2563.79 12770.3 1.0356
2007 1093.69 348.04 817.45 61.17 93.64 2413.99 2565.05 13062.6 1.0638
2008 1038.85 275.95 816.17 61.05 96.49 2288.51 2704.28 13091.8 1.1029
2009 829.08 125.21 806.99 56.60 88.82 1906.70 3186.31 12896.0 1.1040
2010* 833.80 139.66 780.32 65.23 110.17 1929.18 3315.25 13030.3 1.1223
2011* 985.32 260.90 821.72 65.28 122.65 2255.87 3368.95 13443.8 1.1380
2012* 1145.61 316.51 868.17 70.05 127.86 2528.21 3243.93 13998.5 1.1575
2013* 1245.58 333.76 907.83 72.10 145.05 2704.31 3321.27 14574.8 1.1789
2014* 1334.77 370.18 942.25 71.99 156.52 2875.71 3463.07 15140.3 1.2016
2015* 1415.31 335.61 975.37 71.71 168.75 2966.75 3580.61 15668.2 1.2248
----------------------------------------------------------------------------------------
RECEIPTS BY SOURCE, OUTLAYS, GDP, AND SELECTED TAX RATES: 1940-2015
(percent of GDP^)
Top
Individ Corporate Social Excise Total Total Marginal FICA
Year Income Income Insurance Tax Other Receipts Outlays Rate^ Rate^
---- --------- --------- --------- -------- -------- -------- -------- -------- --------
1940 0.92 1.24 1.84 2.04 0.72 6.76 9.78 81.10 1.00
1941 1.15 1.86 1.70 2.24 0.68 7.64 11.97 81.00 1.00
1942 2.26 3.27 1.70 2.36 0.56 10.14 24.35 88.00 1.00
1943 3.61 5.30 1.69 2.27 0.44 13.31 43.57 88.00 1.00
1944 9.42 7.09 1.66 2.27 0.46 20.91 43.64 94.00 1.00
1945 8.30 7.22 1.56 2.83 0.49 20.40 41.88 94.00 1.00
1946 7.23 5.34 1.40 3.14 0.54 17.65 24.81 86.45 1.00
1947 7.69 3.69 1.47 3.09 0.57 16.52 14.79 86.45 1.00
1948 7.53 3.77 1.46 2.87 0.57 16.20 11.60 82.13 1.00
1949 5.73 4.13 1.39 2.77 0.51 14.53 14.31 82.13 1.00
1950 5.77 3.83 1.59 2.76 0.49 14.44 15.58 84.36 1.50
1951 6.75 4.40 1.77 2.70 0.49 16.12 14.21 91.00 1.50
1952 8.01 6.09 1.85 2.54 0.49 18.98 19.41 92.00 1.50
1953 8.00 5.70 1.83 2.65 0.50 18.69 20.43 92.00 1.50
1954 7.84 5.60 1.91 2.64 0.51 18.49 18.79 91.00 2.00
1955 7.26 4.51 1.99 2.31 0.47 16.53 17.29 91.00 2.00
1956 7.54 4.89 2.18 2.33 0.53 17.47 16.54 91.00 2.00
1957 7.90 4.69 2.22 2.34 0.59 17.74 16.98 91.00 2.25
1958 7.55 4.36 2.44 2.31 0.64 17.31 17.91 91.00 2.25
1959 7.49 3.53 2.39 2.16 0.60 16.17 18.79 91.00 2.50
1960 7.85 4.14 2.83 2.25 0.76 17.82 17.77 91.00 3.00
1961 7.80 3.95 3.10 2.24 0.72 17.81 18.44 91.00 3.00
1962 8.03 3.61 3.00 2.21 0.70 17.55 18.81 91.00 3.125
1963 7.94 3.60 3.31 2.20 0.73 17.78 18.58 91.00 3.625
1964 7.59 3.66 3.42 2.14 0.74 17.55 18.48 77.00 3.625
1965 7.10 3.70 3.24 2.12 0.84 16.99 17.20 70.00 3.625
1966 7.34 3.98 3.38 1.73 0.89 17.31 17.80 70.00 4.20
1967 7.60 4.19 4.03 1.69 0.86 18.37 19.44 70.00 4.40
1968 7.91 3.30 3.91 1.62 0.87 17.62 20.51 75.25 4.40
1969 9.20 3.87 4.12 1.61 0.92 19.71 19.37 77.00 4.80
1970 8.93 3.24 4.38 1.55 0.94 19.04 19.32 71.75 4.80
1971 7.98 2.48 4.38 1.54 0.94 17.33 19.46 70.00 5.20
1972 8.05 2.73 4.47 1.32 1.05 17.62 19.61 70.00 5.20
1973 7.88 2.76 4.82 1.24 0.92 17.61 18.75 70.00 5.85
1974 8.27 2.68 5.22 1.17 0.95 18.30 18.72 70.00 5.85
1975 7.84 2.60 5.42 1.06 0.96 17.89 21.30 70.00 5.85
1976 7.57 2.38 5.22 0.98 1.00 17.15 21.39 70.00 5.85
1977 7.99 2.78 5.40 0.89 0.96 18.02 20.74 70.00 5.85
1978 8.16 2.70 5.46 0.83 0.87 18.02 20.69 70.00 6.05
1979 8.71 2.63 5.55 0.75 0.88 18.52 20.15 70.00 6.13
1980 8.96 2.37 5.79 0.89 0.97 18.98 21.69 70.00 6.13
1981 9.35 2.00 5.98 1.34 0.94 19.60 22.19 69.125 6.65
1982 9.24 1.53 6.25 1.13 1.02 19.16 23.13 50.00 6.70
1983 8.40 1.08 6.07 1.03 0.88 17.45 23.49 50.00 6.70
1984 7.76 1.48 6.23 0.97 0.89 17.34 22.16 50.00 6.70
1985 8.07 1.48 6.40 0.87 0.89 17.70 22.82 50.00 7.05
1986 7.92 1.43 6.45 0.75 0.91 17.47 22.49 50.00 7.15
1987 8.44 1.80 6.52 0.70 0.90 18.37 21.59 38.50 7.15
1988 8.01 1.89 6.68 0.70 0.88 18.15 21.25 28.00 7.51
1989 8.25 1.91 6.66 0.64 0.89 18.36 21.18 28.00 7.51
1990 8.14 1.63 6.63 0.62 0.98 18.00 21.85 28.00 7.65
1991 7.89 1.65 6.68 0.71 0.85 17.79 22.33 31.00 7.65
1992 7.63 1.61 6.63 0.73 0.89 17.48 22.13 31.00 7.65
1993 7.74 1.78 6.50 0.73 0.77 17.52 21.40 39.60 7.65
1994 7.78 2.01 6.61 0.79 0.84 18.04 20.95 39.60 7.65
1995 8.04 2.14 6.60 0.78 0.85 18.41 20.65 39.60 7.65
1996 8.50 2.23 6.60 0.70 0.80 18.83 20.22 39.60 7.65
1997 8.98 2.22 6.57 0.69 0.77 19.23 19.50 39.60 7.65
1998 9.56 2.18 6.60 0.67 0.87 19.87 19.07 39.60 7.65
1999 9.55 2.01 6.64 0.76 0.88 19.85 18.48 39.60 7.65
2000 10.23 2.11 6.65 0.70 0.93 20.62 18.22 39.60 7.65
2001 9.72 1.48 6.79 0.65 0.84 19.47 18.22 39.10 7.65
2002 8.14 1.40 6.65 0.64 0.75 17.58 19.07 38.60 7.65
2003 7.23 1.20 6.49 0.61 0.70 16.23 19.67 35.00 7.65
2004 6.92 1.62 6.28 0.60 0.67 16.09 19.62 35.00 7.65
2005 7.45 2.24 6.38 0.59 0.65 17.30 19.86 35.00 7.65
2006 7.89 2.68 6.34 0.56 0.74 18.20 20.08 35.00 7.65
2007 8.37 2.66 6.26 0.47 0.72 18.48 19.64 35.00 7.65
2008 7.94 2.11 6.23 0.47 0.74 17.48 20.66 35.00 7.65
2009 6.43 0.97 6.26 0.44 0.69 14.79 24.71 35.00 7.65
2010* 6.40 1.07 5.99 0.50 0.85 14.81 25.44 35.00 7.65
2011* 7.33 1.94 6.11 0.49 0.91 16.78 25.06 35.00 7.65
2012* 8.18 2.26 6.20 0.50 0.91 18.06 23.17 35.00 7.65
2013* 8.55 2.29 6.23 0.49 1.00 18.55 22.79 35.00 7.65
2014* 8.82 2.44 6.22 0.48 1.03 18.99 22.87 35.00 7.65
2015* 9.03 2.14 6.23 0.46 1.08 18.93 22.85 35.00 7.65
----------------------------------------------------------------------------------------
* estimated
^ tax rates are in actual percent
Source: Budget of the United States Government, FY 2011: Historical Tables,
tables 1.1, 2.1, and 10.1; Top Marginal Rates - IRS Data Release,
Personal Exemptions and Individual Income Tax Rates, 1913-2002
(online at http://www.irs.gov/pub/irs-soi/02inpetr.pdf);
FICA Rates - 1994 Mercer Guide to Social Security & Medicare
Note: FICA Rates shown are paid by both the employer and employee
Growth Values derived from these Actual Values
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