Asked in Federal Laws
Federal Laws

How much of the federal government's income comes from individual income tax?

Answer

User Avatar
Wiki User
06/18/2014

According to the 2013 breakdown of the United State's income from taxes, about 47% of the governmentâ??s operating funds comes from individual tax returns. An additional 34% is gained from payroll taxes. The smallest percentage, a mere 10%, comes from corporate taxes.