In 2017, the government collected $3.3 trillion.
Where does the money come from? If you lived or worked in the United States during 2017, most likely your contributions are part of the $3.3 trillion.
How does the amount of federal revenue compare to the size of the economy?
In Fiscal Year 2017, the total GDP of the U.S. was $19.6 trillion.
The government collected the equivalent of 17% of GDP.What's GDP?
What are the sources of government revenue?Continue
How much is $3.3 trillion? If you take $3.3 trillion divided by the U.S. population estimate in 2017, of 325.7 million* (U.S. Census Bureau) that would equate to a little more than $10,000 in revenue for every individual in the U.S.
Gross Domestic Product (GDP) measures the size of the nation's economy by the total value of goods and services that are produced in a year. GDP is used to compare the economies of different countries, measure growth in the economy, and determine the right monetary policies to address inflation and unemployment.
In this analysis, each dot represents $1 billion. Each dot represents contributions to the government from you, your family, your neighbors, your place of business, and the corporations you deal with every day.