GET INVOLVED
Highlights
Federal Government Income
Fiscal Year 2009
| Income Category | $ Billions | % of Outlays |
| Individual Income Taxes | 915 | 26 |
| Social Insurance Tax and Contributions | 891 | 25 |
| Corporate Income Taxes | 138 | 4 |
| Other Taxes | 161 | 5 |
| Totals | 2,105 | 60% |
| Deficit | 1417 | <40>% |
Source: Final Monthly Treasury Statement September 2009
* Percentage column numbers might be altered to allow total to equal 100%
- "Other Taxes" includes excise taxes, estate and gift taxes, customs duties and other miscellaneous receipts.
- Income figures are represented as a percentage of outlays. FY2009 income was 60% of outlays, which is another way of saying we had a 40% deficit. The federal government collected $2 trillion, 105 billion and borrowed $1,417 trillion in the open market by selling U.S. Treasury securities.
This budget exercise was developed by the Concord Coalition.
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