March 4, 2019
![Individual Income versus Corporate Income Tax Revenues Individual Income versus Corporate Income Tax Revenues](https://www.taxpolicycenter.org/sites/default/files/fiscal-facts/ff_detailed_1_3.png)
Fact:
For the last 70 years, individual income tax revenues have averaged around 8% of GDP. In contrast, corporate income tax revenues declined from 6% of GDP in 1950s to under 2% in the 1980s through the Great Recession, and have averaged 1.4% of GDP since then.