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
Famous quotes containing the words total and/or receipts:
“... one of the blind spots of most Negroes is their failure to realize that small overtures from whites have a large significance ... I now realize that this feeling inevitably takes possession of one in the bitter struggle for equality. Indeed, I share it. Yet I wonder how we can expect total acceptance to step full grown from the womb of prejudice, with no embryo or infancy or childhood stages.”
—Sarah Patton Boyle, U.S. civil rights activist and author. The Desegregated Heart, part 1, ch. 10 (1962)
“As they lean over the beans in their rented back room that
is full of beads and receipts and dolls and cloths,
tobacco crumbs, vases and fringes.”
—Gwendolyn Brooks (b. 1917)