All content from Kiddle encyclopedia articles (including the article images and facts) can be freely used under Attribution-ShareAlike license, unless stated otherwise.
Image: Federal individual income tax receipts 2000-2009
Size of this preview: 800 × 600 pixels. Other resolutions: 320 × 240 pixels | 960 × 720 pixels.
Original image (960 × 720 pixels, file size: 12 KB, MIME type: image/png)
Description: Federal income tax revenue trends $ and % GDP from 2000 to 2009 Explanation According to the CBO historical tables:[1] Federal individual income taxes averaged 8.4% of GDP (a measure of the size of the economy) from 1970 to 2000. Since the Bush tax cuts in 2001 and 2003, federal individual income taxes have remained below the 8.4% GDP level (the average from 1970-2000) with the exception of 2007. Federal individual income tax dollars did not again reach their 2000 peak of $1.0 trillion until 2006, then dropped back below this level as the economy entered recession in 2009. 2009 federal individual income taxes of 6.4% of GDP were the lowest level since at least 1968.
Title: Federal individual income tax receipts 2000-2009
Credit: Own work (Original text: I (Farcaster (talk)) created this work entirely by myself.)
Author: Farcaster (talk) 16:03, 18 December 2010 (UTC)
Usage Terms: Creative Commons Attribution-Share Alike 3.0
License: CC BY-SA 3.0
License Link: https://creativecommons.org/licenses/by-sa/3.0
Attribution Required?: Yes
Image usage
The following page links to this image:
