Skip to content

 All of our locations will be closed on Saturday, July 4, in celebration of Independence Day. 

Take the first step toward securing your legacy. Attend a complimentary estate-planning seminar.
Investment products are not insured by the FDIC, are not deposits, and may lose value.

Get Started 863-222-7005

Chart of the Day: Largest Source of Federal Revenue

Gregory Thomas, Vice President, Portfolio Management Services Feb 10, 2026
Donut chart showing the breakdown of federal revenue by percentage. Individual income taxes (red) provide 49%; payroll taxes (blue), 35%; corporate income taxes (black) provide 11% and other sources (orange) makes up the remaining 5%.

Contents

With tax season officially upon us, today's Chart of the Day from Liberty Taxed gives us an idea of the projected federal tax revenue over the coming years.

Individual income taxes remain the largest source of federal revenue, making up 49% of total government receipts. Payroll taxes—primarily used to fund Social Security and Medicare—account for another 35%, while corporate income taxes contribute 11% and all other sources combined make up the remaining 5%. 

Together, these categories show the relative balance of U.S. federal revenue streams and the extent to which the government relies on individual taxpayers compared with businesses and other smaller revenue sources.
Chart of the Day

About the Author

Gregory Thomas, Vice President, Portfolio Management Services
Gregory Thomas, Vice President, Portfolio Management Services

Gregory is an experienced financial manager specializing in investment holdings for individuals, trusts, IRAs, private foundations, and nonprofit organizations across Florida. A Mercy College graduate with a degree in government, he began his career in technology before transitioning to financial management in 2009.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

Previous
Chart of the Day: Components of GDP Growth
Next
Chart of the Day: Average US Retail Gas Price

Subscribe to Our Blog

Sign up to receive email notifications of our blogs.