During 2020, how much did federal, state, and local governments collect in taxes on average from every household in the United States?
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In 2020, federal, state and local governments collected a combined total of $5.4 trillion in taxes, or an average of $41,947 from every household in the United States. Governments also spent $3.1 trillion more than they collected in revenues, or an average of $24,166 for every household in the country. This deficit spending is an effective tax on tomorrow's workers and taxpayers.
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