Total Receipts
Estimated receipts for fiscal year 2006 are $2.2 trillion. This expected income is broken down by the following sources:
- $966.9 billion (44.4%) - Individual income tax
- $818.8 billion (37.6%) - Social Security and other payroll taxes
- $220.3 billion (10.1%) - Corporate income tax
- $75.6 billion (3.5%) - Excise taxes
- $26.1 billion (1.2%) - Estate and gift taxes
- $28.3 billion (1.3%) - Customs duties
- $41.6 billion (1.9%) - Other (Including, Capital gains tax and Generation-skipping transfer tax)
Read more about this topic: 2006 United States Federal Budget
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