Taxes & Revenue

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Taxes and Revenue

Corporate income taxes are expected to account for less than 11 percent of all federal tax revenue in fiscal 2015. Meanwhile, income taxes paid by regular Americans will account for more than 46 percent of all federal revenue.

Blog Posts

Your taxes provided $48 billion to Lockheed Martin. And some other stuff.

Lindsay Koshgarian |

April 15, 2019 is Tax Day. Do you know where your tax dollars are? Here's a hint: military contractors cost the average taxpayer more than the price of a new Macbook Pro, but public housing costs the average taxpayer less than a curling iron from Wal-Mart. The average American paid...

How Much Could We Buy With a 70% Top Marginal Tax Rate?

Ashik Siddique |

How much could our federal government pay for if the top marginal tax rate was raised to 70 percent?

More Blog Posts

Recent Publications

Tax Day 2019

Ashik Siddique

Tax Day is April 15, 2019. Want to know what your taxes pay for, and who pays what?

Tax Day 2018

Lindsay Koshgarian

Tax Day is April 17, 2017. Want to know what your taxes pay for, and who pays what?

More Reports