This page is devoted to providing some statistics
about our tax system that may be of interest. Please standby as the information is
collected.
Tax Collections
The
percentages for 1968 and 1997 are based on a ratio of individual, corporate, and
employment taxes collected to total tax collections by the Internal Revenue Service.
Individual Income Tax
1968
1997
50.9%
50.8%
Corporate Income Tax
1968
1997
19.5%
12.6%
Employment Tax
1968
1997
18.3%
32.0%
Deductions
Total
Deductions (Itemized plus Standard) as a percentage of AGI.