Tax Policy Center

Fiscal Facts

April 18, 2022
Corporate income tax revenues constituted 9% of total federal revenues in FY 2021, compared with over 50% from individual income tax revenues. Corporate income tax revenues last exceeded individual income tax revenues in 1943, during World War II.
Fact: 
Corporate income tax revenues constituted 9% of total federal revenues in FY 2021, compared with over 50% from individual income tax revenues. Corporate income tax revenues last exceeded individual income tax revenues in 1943, during World War II.
View Data