Federal Revenues Have More Than Tripled Since 1965

Federal Revenues Have More Than Tripled Since 1965

Overall tax revenues have risen despite a recent decline due to the recession. Congress cut income taxes and the death tax in 2001 and capital gains taxes and dividends in 2003, yet revenues continued to surge even after the tax cuts were passed.

INFLATION-ADJUSTED DOLLARS (2010)

 

Federal Revenues Have More Than Tripled Since 1965

Source:White House Office of Management and Budget.

Chart 14 of 42

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