Question of the Day

What portion of the U.S. economy is consumed by federal, state and local taxes?

Correct Answer

Tell Me More

In 2016, federal, state and local taxes consumed 26.5% of the U.S. economy. Between 1929 and 2016, the portion of the U.S. economy collected in federal, state and local taxes has ranged from 10% to 28%, with the median being 25% and the average 23%.

DocumentationTax Facts




Reload Question
Share via Facebook
Share via Twitter
Share via Email
Embed into your website
About the Fact App
Articles by Topic