In between basketball games this weekend, I googled “federal spending charts” and came across a chart from Wikipedia that shows where the federal government got its revenue in 2010.

The text is not real clear, so here is the breakout:

GREEN: Social Security taxes brought in $865 billion, or 40% of total revenue. But this money goes right back out to folks who receive Social Security checks.

BLUE: Individual income tax brought in $899 billion or 42% of total revenue.

Red: Corporate income tax brought in $191 billion or 9% of total revenue. Only 9%??

Other: $140 billion, 6%

Excise tax: $67 billion, 3% of total

This entry was posted on Tuesday, March 22nd, 2011 at 8:19 am and is filed under Health. Tags for this post: federal budget. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.