GROWTH OF RECEIPTS BY SOURCE, OUTLAYS, AND GDP: 1940-2007
(growth from 8 years earlier, in percent)
Individ Corporate Social Excise Total Total
Year Income Income Insurance Taxes Other Receipts Outlays GDP
---- --------- --------- --------- -------- -------- -------- -------- --------
1948 2065.36 708.52 110.14 272.08 109.31 534.70 214.36 165.15
1949 1083.56 426.93 94.90 193.97 77.72 352.42 184.44 138.16
1950 382.84 121.42 76.92 122.12 68.66 169.53 21.13 89.60
1951 232.30 47.55 86.40 111.13 97.25 115.06 -42.06 78.23
1952 41.76 43.05 85.57 86.01 75.93 51.25 -25.87 66.89
1953 62.29 32.84 97.62 57.65 71.47 54.14 -17.92 68.73
1954 83.51 77.57 131.40 42.11 58.49 77.37 28.29 69.74
1955 60.28 107.32 129.75 26.63 38.99 69.94 98.41 68.46
1956 66.65 115.75 148.47 34.98 55.37 79.47 137.33 66.81
1957 129.04 89.13 164.40 40.42 92.51 102.94 97.19 66.00
1958 120.40 92.11 159.08 40.90 119.17 101.90 93.61 68.65
1959 69.87 22.75 106.59 22.32 85.11 53.54 102.35 53.30
1960 45.75 1.26 127.82 31.90 129.42 39.79 36.20 48.77
1961 38.64 -1.34 141.04 20.08 104.42 35.60 28.41 42.42
1962 54.26 -2.74 136.49 26.03 110.03 43.01 50.76 50.40
1963 65.54 20.82 151.90 44.50 137.57 62.81 62.64 51.75
1964 51.29 12.51 135.65 38.29 108.41 50.98 67.79 49.94
1965 36.98 20.29 122.49 38.31 115.31 46.04 54.39 52.63
1966 59.68 49.81 127.30 22.79 126.55 64.29 63.26 63.57
1967 67.56 96.26 178.27 29.69 139.20 87.79 70.97 65.31
1968 68.80 33.36 131.04 20.58 93.22 65.39 93.22 67.35
1969 111.06 75.04 137.33 28.35 129.66 97.99 87.92 78.49
1970 98.40 59.96 160.25 25.30 137.42 93.43 83.16 78.22
1971 81.20 24.13 138.97 25.92 131.74 75.62 88.81 80.32
1972 94.54 36.92 139.38 12.72 161.15 84.09 94.62 84.24
1973 111.60 41.99 183.76 11.60 109.04 97.57 107.82 90.16
1974 114.54 28.42 193.87 28.95 104.79 101.19 100.22 91.21
1975 98.92 19.58 159.16 20.64 114.66 87.53 111.05 91.74
1976 91.49 44.46 167.57 20.48 128.46 94.84 108.71 99.99
1977 80.66 49.66 172.93 15.28 118.03 90.26 122.84 107.68
1978 100.18 82.62 172.68 17.01 102.95 107.23 134.47 118.97
1979 152.63 145.20 193.58 12.83 117.00 147.57 139.82 131.53
1980 157.63 100.83 200.15 57.19 112.96 149.44 156.17 131.24
1981 176.93 69.11 189.50 151.16 138.31 159.65 176.04 134.05
1982 150.31 27.41 168.41 115.57 140.27 134.69 176.86 123.88
1983 136.09 -8.86 147.23 113.28 102.09 115.19 143.25 120.57
1984 126.75 37.39 163.72 120.25 98.88 123.61 129.13 121.07
1985 112.23 11.73 149.01 105.11 95.03 106.46 131.28 109.84
1986 92.81 5.32 134.69 79.14 109.01 92.52 115.91 98.39
1987 80.20 27.79 118.31 73.15 90.47 84.41 99.22 85.60
1988 64.37 46.30 111.87 44.79 67.42 75.84 80.13 83.55
1989 55.88 68.95 96.70 -15.80 68.91 65.40 68.62 76.56
1990 56.81 90.03 88.61 -2.66 70.23 67.05 68.04 77.65
1991 61.91 164.94 89.49 20.12 67.31 75.68 63.83 72.37
1992 59.50 76.24 72.82 21.97 61.98 63.74 62.19 61.97
1993 52.36 91.62 61.52 33.52 37.15 57.26 48.93 58.55
1994 55.62 122.33 62.55 67.76 45.16 63.62 47.60 57.78
1995 50.36 87.07 59.72 77.11 48.77 58.23 50.96 57.61
1996 63.62 81.81 52.37 53.33 39.37 59.80 46.60 53.44
1997 65.47 76.48 50.07 65.54 30.64 59.33 40.01 51.42
1998 77.47 101.78 50.46 63.17 33.54 66.85 31.87 51.05
1999 87.99 88.28 54.50 66.06 59.82 73.21 28.51 53.86
2000 111.04 106.73 57.81 51.12 64.46 85.58 29.47 56.70
2001 95.09 28.55 62.03 37.48 68.32 72.47 32.24 54.77
2002* 74.80 43.49 53.43 21.09 -64.87 54.62 40.39 49.20
2003* 70.50 30.88 54.64 20.07 -71.28 51.50 40.40 49.13
2004* 61.27 23.38 55.04 31.79 -28.69 49.71 40.28 49.79
2005* 50.79 30.06 54.84 29.33 26.76 48.04 42.19 48.55
2006* 39.67 27.97 51.92 30.50 50.03 42.60 43.35 47.78
2007* 38.91 35.70 48.45 10.08 40.16 40.72 44.99 47.39
-------------------------------------------------------------------------------
REAL GROWTH OF RECEIPTS BY SOURCE, OUTLAYS, AND GDP: 1940-2007
(growth in constant 1996 dollars from 8 years earlier, in percent)
Individ Corporate Social Excise Total Total
Year Income Income Insurance Taxes Other Receipts Outlays GDP
---- --------- --------- --------- -------- -------- -------- -------- --------
1948 1497.37 496.44 55.02 174.48 54.41 368.21 131.90 95.60
1949 843.46 320.03 55.36 134.33 41.67 260.64 126.74 89.84
1950 318.32 91.84 53.28 92.44 46.13 133.51 4.95 64.26
1951 205.88 35.81 71.58 94.35 81.57 97.96 -46.67 64.06
1952 22.42 23.54 60.26 60.63 51.92 30.61 -35.98 44.12
1953 25.50 2.72 52.82 21.91 32.60 19.20 -36.52 30.48
1954 42.57 37.96 79.78 10.41 23.13 37.81 -0.33 31.87
1955 36.45 76.49 95.58 7.80 18.32 44.67 68.91 43.41
1956 36.71 76.99 103.84 10.73 27.46 47.23 94.70 36.85
1957 75.45 44.88 102.54 7.56 47.47 55.46 51.05 27.16
1958 64.21 43.14 93.04 4.98 63.30 50.43 44.26 25.66
1959 27.36 -7.97 54.89 -8.29 38.78 15.11 51.71 14.94
1960 9.12 -24.19 70.56 -1.25 71.75 4.65 1.97 11.38
1961 7.72 -23.34 87.28 -6.70 58.82 5.36 -0.23 10.66
1962 24.74 -21.35 91.24 1.92 69.84 15.64 21.91 21.62
1963 31.42 -4.08 99.98 14.72 88.60 29.25 29.12 20.47
1964 23.88 -7.87 92.97 13.24 70.66 23.63 37.40 22.78
1965 15.44 1.37 87.50 16.56 81.45 23.07 30.11 28.63
1966 38.20 29.67 96.73 6.28 96.08 42.20 41.30 41.57
1967 42.59 67.02 136.81 10.37 103.56 59.81 45.50 40.68
1968 38.08 9.09 88.99 -1.36 58.06 35.29 58.06 36.90
1969 67.02 38.52 87.81 1.57 81.74 56.68 48.71 41.24
1970 48.12 19.43 94.30 -6.45 77.25 44.42 36.74 33.06
1971 32.39 -9.31 74.60 -8.00 69.32 28.31 37.95 31.75
1972 35.26 -4.81 66.43 -21.63 81.57 27.99 35.31 28.09
1973 41.39 -5.12 89.61 -25.43 39.68 32.02 38.87 27.06
1974 36.39 -18.35 86.83 -18.02 30.19 27.91 27.29 21.56
1975 19.08 -28.42 55.14 -27.78 28.50 12.26 26.34 14.78
1976 11.61 -15.80 55.96 -29.77 33.16 13.57 21.65 16.57
1977 3.28 -14.45 56.03 -34.10 24.64 8.76 27.39 18.72
1978 13.68 3.70 54.85 -33.56 15.25 17.68 33.15 24.34
1979 40.97 36.83 63.83 -37.04 21.09 38.15 33.83 29.20
1980 38.79 8.20 61.70 -15.31 14.73 34.38 38.01 24.58
1981 42.71 -12.85 49.19 29.43 22.81 33.81 42.25 20.61
1982 30.21 -33.72 39.63 12.14 24.99 22.09 44.02 16.46
1983 29.12 -50.15 35.21 16.65 10.52 17.69 33.03 20.63
1984 26.81 -23.16 47.48 23.17 11.22 25.05 28.14 23.64
1985 24.11 -34.66 45.62 19.94 14.05 20.73 35.25 22.71
1986 17.35 -35.90 42.84 9.03 27.21 17.17 31.41 20.75
1987 15.69 -17.96 40.16 11.16 22.28 18.39 27.90 19.15
1988 12.84 0.43 45.45 -0.60 14.94 20.72 23.66 26.01
1989 13.80 23.34 43.60 -38.53 23.31 20.74 23.10 28.89
1990 18.55 43.66 42.59 -26.41 28.69 26.29 27.04 34.30
1991 22.68 100.75 43.58 -8.98 26.77 33.11 24.14 30.61
1992 22.66 35.54 32.91 -6.20 24.57 25.92 24.74 24.56
1993 18.22 48.68 25.33 3.60 6.42 22.02 15.56 23.02
1994 21.21 73.17 26.61 30.67 13.06 27.45 14.96 22.90
1995 17.53 46.23 24.85 38.44 16.29 23.68 18.00 23.20
1996 28.92 43.25 20.05 20.81 9.81 25.91 15.51 20.90
1997 32.46 41.28 20.13 32.52 4.58 27.55 12.08 21.22
1998 45.04 64.90 22.96 33.35 9.13 36.35 7.77 23.45
1999 57.90 58.14 29.77 39.48 34.24 45.48 7.93 29.23
2000 78.55 74.91 33.52 27.86 39.15 57.02 9.54 32.58
2001 65.66 9.16 37.58 16.74 42.93 46.45 12.29 31.42
2002* 48.47 21.88 30.32 2.85 -70.16 31.34 19.24 26.73
2003* 45.16 11.43 31.67 2.23 -75.55 28.99 19.54 26.97
2004* 37.71 5.35 32.39 12.54 -39.11 27.84 19.78 27.91
2005* 28.74 11.04 32.20 10.42 8.22 26.40 21.40 26.83
2006* 18.14 8.24 28.50 10.38 26.90 20.62 21.25 24.99
2007* 16.77 14.07 24.79 -7.47 17.82 18.30 21.88 23.90
-------------------------------------------------------------------------------
GROWTH OF RECEIPTS BY SOURCE, OUTLAYS, GDP, AND SELECTED TAX RATES: 1940-2007
(growth in percent of GDP^ from 8 years earlier, in percent)
Top
Individ Corporate Social Excise Total Total Marginal FICA
Year Income Income Insurance Taxes Other Receipts Outlays GDP^ Rate^ Rate^
---- --------- --------- --------- -------- -------- -------- -------- -------- -------- --------
1948 716.65 204.93 -20.75 40.33 -21.06 139.37 18.56 165.15 1.27 0.00
1949 396.97 121.25 -18.16 23.43 -25.38 89.97 19.43 138.16 1.40 0.00
1950 154.66 16.79 -6.69 17.16 -11.04 42.16 -36.11 89.60 -4.14 50.00
1951 86.44 -17.22 4.58 18.46 10.67 20.66 -67.49 78.23 3.41 50.00
1952 -15.06 -14.28 11.20 11.45 5.41 -9.37 -55.58 66.89 -2.13 50.00
1953 -3.82 -21.27 17.12 -6.56 1.62 -8.65 -51.35 68.73 -2.13 50.00
1954 8.12 4.62 36.33 -16.27 -6.63 4.50 -24.42 69.74 5.26 100.00
1955 -4.85 23.07 36.38 -24.83 -17.49 0.88 17.78 68.46 5.26 100.00
1956 -0.10 29.34 48.95 -19.08 -6.86 7.59 42.28 66.81 10.80 100.00
1957 37.97 13.93 59.27 -15.41 15.97 22.25 18.79 66.00 10.80 125.00
1958 30.68 13.91 53.62 -16.46 29.95 19.71 14.80 68.65 7.87 50.00
1959 10.81 -19.93 34.76 -20.21 20.75 0.15 31.99 53.30 0.00 66.67
1960 -2.03 -31.93 53.14 -11.34 54.21 -6.04 -8.44 48.77 -1.09 100.00
1961 -2.65 -30.72 69.25 -15.69 43.53 -4.79 -9.84 42.42 -1.09 100.00
1962 2.57 -35.33 57.24 -16.20 39.65 -4.91 0.24 50.40 0.00 56.25
1963 9.09 -20.38 66.00 -4.78 56.56 7.29 7.18 51.75 0.00 81.25
1964 0.90 -24.96 57.16 -7.77 39.00 0.69 11.90 49.94 -15.38 81.25
1965 -10.25 -21.19 45.77 -9.38 41.07 -4.32 1.15 52.63 -23.08 61.11
1966 -2.38 -8.41 38.96 -24.93 38.50 0.44 -0.19 63.57 -23.08 86.67
1967 1.36 18.72 68.33 -21.55 44.70 13.60 3.43 65.31 -23.08 76.00
1968 0.86 -20.31 38.05 -27.95 15.46 -1.17 15.46 67.35 -17.31 46.67
1969 18.25 -1.93 32.97 -28.09 28.67 10.93 5.28 78.49 -15.38 60.00
1970 11.32 -10.25 46.02 -29.70 33.21 8.53 2.77 78.22 -21.15 53.60
1971 0.49 -31.17 32.52 -30.17 28.51 -2.61 4.70 80.32 -23.08 43.45
1972 5.60 -25.68 29.93 -38.82 41.75 -0.08 5.64 84.24 -9.09 43.45
1973 11.28 -25.33 49.23 -41.31 9.93 3.90 9.29 90.16 0.00 61.38
1974 12.20 -32.84 53.69 -32.56 7.10 5.22 4.71 91.21 0.00 39.29
1975 3.74 -37.64 35.16 -37.08 11.95 -2.19 10.07 91.74 0.00 32.95
1976 -4.25 -27.77 33.79 -39.75 14.23 -2.57 4.36 99.99 -6.98 32.95
1977 -13.01 -27.94 31.42 -44.49 4.98 -8.39 7.30 107.68 -9.09 21.87
1978 -8.58 -16.60 24.53 -46.56 -7.32 -5.36 7.08 118.97 -2.44 26.04
1979 9.11 5.90 26.80 -51.27 -6.28 6.93 3.58 131.53 0.00 17.88
1980 11.41 -13.15 29.80 -32.02 -7.91 7.87 10.78 131.24 0.00 17.88
1981 18.32 -27.75 23.69 7.31 1.82 10.94 17.94 134.05 -1.25 13.68
1982 11.80 -43.09 19.89 -3.71 7.32 4.83 23.66 123.88 -28.57 14.53
1983 7.03 -58.68 12.09 -3.31 -8.38 -2.44 10.28 120.57 -28.57 14.53
1984 2.57 -37.85 19.29 -0.37 -10.04 1.15 3.64 121.07 -28.57 14.53
1985 1.14 -46.75 18.67 -2.26 -7.06 -1.61 10.21 109.84 -28.57 20.51
1986 -2.81 -46.91 18.30 -9.70 5.35 -2.96 8.83 98.39 -28.57 18.18
1987 -2.91 -31.15 17.63 -6.71 2.62 -0.64 7.34 85.60 -45.00 16.64
1988 -10.45 -20.29 15.43 -21.11 -8.78 -4.20 -1.86 83.55 -60.00 22.51
1989 -11.71 -4.31 11.41 -52.31 -4.33 -6.32 -4.49 76.56 -59.49 12.93
1990 -11.73 6.97 6.17 -45.21 -4.18 -5.97 -5.41 77.65 -44.00 14.18
1991 -6.07 53.70 9.93 -30.31 -2.94 1.92 -4.95 72.37 -38.00 14.18
1992 -1.53 8.81 6.70 -24.70 0.01 1.09 0.14 61.97 -38.00 14.18
1993 -3.90 20.86 1.88 -15.78 -13.50 -0.81 -6.06 58.55 -20.80 8.51
1994 -1.37 40.91 3.02 6.32 -8.00 3.70 -6.45 57.78 -20.80 6.99
1995 -4.60 18.70 1.34 12.37 -5.61 0.39 -4.22 57.61 2.86 6.99
1996 6.63 18.49 -0.70 -0.07 -9.17 4.14 -4.46 53.44 41.43 1.86
1997 9.27 16.55 -0.89 9.33 -13.73 5.22 -7.54 51.42 41.43 1.86
1998 17.49 33.58 -0.39 8.02 -11.59 10.45 -12.70 51.05 41.43 0.00
1999 22.19 22.38 0.42 7.93 3.88 12.58 -16.48 53.86 27.74 0.00
2000 34.68 31.93 0.71 -3.56 4.96 18.43 -17.38 56.70 27.74 0.00
2001 26.05 -16.94 4.69 -11.17 8.75 11.44 -14.56 54.77 -1.26 0.00
2002* 17.15 -3.83 2.83 -18.84 -76.46 3.63 -5.91 49.20 -2.53 0.00
2003* 14.33 -12.24 3.70 -19.49 -80.74 1.59 -5.85 49.13
2004* 7.66 -17.64 3.51 -12.01 -52.40 -0.06 -6.35 49.79
2005* 1.51 -12.45 4.24 -12.94 -14.67 -0.34 -4.28 48.55
2006* -5.49 -13.40 2.80 -11.69 1.53 -3.50 -2.99 47.78
2007* -5.75 -7.93 0.72 -25.31 -4.90 -4.52 -1.62 47.39
---- --------- --------- --------- -------- -------- -------- -------- -------- -------- --------
* estimated
^ growth in actual value (not in percent of GDP) for GDP and tax rates
Source: Budget of the United States Government, FY 2003, 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
Actual Values from which these Growth Values are derived
Go to Budget Home Page
