Income Taxes and National Revenue

Who knew? While the media spotlight shines on federal income taxes each April, many Americans may be surprised to learn that federal income taxes make up only 26 percent of the nation’s total tax bill. The remaining 74 percent—nearly three-fourths of the U.S. economy’s total tax burden—is comprised of the other federal, state and local taxes paid by American households every year. Get info on income taxes that you didn’t know about that can help you today - read the link above.