United States - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in United States was 1,916,840,000,000 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 1,957,990,000,000 in 2019 and a minimum value of 126,960,000,000 in 1972.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 126,960,000,000
1973 139,470,000,000
1974 157,640,000,000
1975 163,080,000,000
1976 173,070,000,000
1977 211,690,000,000
1978 241,030,000,000
1979 283,590,000,000
1980 308,740,000,000
1981 346,780,000,000
1982 347,420,000,000
1983 326,080,000,000
1984 355,530,000,000
1985 396,100,000,000
1986 412,310,000,000
1987 476,720,000,000
1988 495,650,000,000
1989 549,320,000,000
1990 560,570,000,000
1991 566,130,000,000
1992 576,940,000,000
1993 627,410,000,000
1994 683,680,000,000
1995 747,430,000,000
1996 828,530,000,000
1997 920,250,000,000
1998 1,017,270,000,000
1999 1,064,250,000,000
2000 1,212,030,000,000
2001 1,141,540,000,000
2002 966,360,000,000
2003 963,657,000,000
2004 1,045,330,000,000
2005 1,268,410,000,000
2006 1,435,530,000,000
2007 1,513,030,000,000
2008 1,395,530,000,000
2009 1,032,280,000,000
2010 1,176,820,000,000
2011 1,369,780,000,000
2012 1,457,790,000,000
2013 1,619,410,000,000
2014 1,763,760,000,000
2015 1,883,850,000,000
2016 1,883,870,000,000
2017 1,884,570,000,000
2018 1,854,320,000,000
2019 1,957,990,000,000
2020 1,916,840,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in United States was 51.89 as of 2020. Its highest value over the past 48 years was 59.36 in 1972, while its lowest value was 45.47 in 2009.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 59.36
1973 57.17
1974 56.78
1975 55.92
1976 55.64
1977 57.01
1978 57.86
1979 58.04
1980 56.56
1981 54.20
1982 52.67
1983 49.91
1984 49.49
1985 50.05
1986 50.09
1987 52.40
1988 51.49
1989 52.49
1990 51.63
1991 48.82
1992 49.92
1993 50.69
1994 51.39
1995 52.09
1996 54.15
1997 55.26
1998 56.61
1999 55.86
2000 57.46
2001 55.26
2002 50.82
2003 50.10
2004 50.78
2005 54.23
2006 55.75
2007 56.00
2008 53.30
2009 45.47
2010 47.64
2011 52.77
2012 53.52
2013 51.11
2014 53.11
2015 54.15
2016 53.87
2017 49.46
2018 51.44
2019 52.32
2020 51.89

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in United States was 91.85 as of 2020. Its highest value over the past 48 years was 92.59 in 2007, while its lowest value was 82.34 in 2017.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 83.97
1973 85.12
1974 86.18
1975 86.53
1976 85.95
1977 87.52
1978 88.80
1979 89.92
1980 89.02
1981 86.16
1982 86.74
1983 86.71
1984 86.67
1985 87.91
1986 88.59
1987 89.68
1988 89.33
1989 90.30
1990 89.83
1991 89.08
1992 88.62
1993 88.77
1994 88.31
1995 89.09
1996 90.23
1997 90.70
1998 91.04
1999 90.13
2000 91.16
2001 90.98
2002 89.60
2003 89.57
2004 89.71
2005 91.07
2006 91.87
2007 92.59
2008 91.95
2009 90.21
2010 91.32
2011 92.05
2012 91.86
2013 91.71
2014 91.92
2015 92.15
2016 92.33
2017 82.34
2018 90.91
2019 91.16
2020 91.85

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance