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2.16 trillion

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Q: How much money does the US government collect in income tax?
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Is revenue another name for government income?

No. "Revenue" is any kind of income; it means "money collected". The government uses the word "revenue" to mean "money collected by the government", because the government is mostly concerned with how much money THEY collect, as opposed to somebody elses' revenue. The specific term for "government income" is a "tax".


How much money does the US government collect in sales tax?

55


How much money does the federal government collect in taxes?

Obviously not enough to balance the budget.


How much money do the UK government get paid?

With tax collectors that came to the Americas to collect the taxes.


How much money did the Federal government collect for its income tax during the US Civil War?

During the US Civil War, the Federal government made many efforts to raise funds to pay for the war. For the first time in US history the government passed a progressive income tax. During the war years they collected $55 million.


How much money does the first lady make?

They are not paid by the government. Some may have other sources of income .


How much money does a single-parent get from the government if there's no father?

It depends on the number of children they have - their income - and where they live.


What created the income on tax?

Your question is backwards. There is no income on tax. However, there is a tax on income. This is known as income tax. Income tax is a system created by the government that takes a percentage of your income out of your check based on how much money you earn. Generally speaking, the higher your income, the higher the percentage of it the government takes.


How can you win in monopoly?

pass go as much as possible,do not land in jail as much as possible, collect as much property,buy hotels & collect as much money as possible. Bankrupt your opponents and COLLECT your bail out money. JUST like REAL LIFE.


How much money does Panama collect in toll money in a year?

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How does income affect your health?

If you do not have much money, you probably will not have much money for health issues. If you have a good income, you will be able to pay a personal doctor.


What Income tax mean?

Income is the money you earn that your employer pays you. Before an employer can give the employee his/her pay, he is required by law to first subtract an amount to be paid to the Federal Government, and to states that also have their own income tax. All income earned in the US is subject to Federal "income tax". The employer is required to pay some of your income tax up front for you so that the Government will be sure to receive some payment for you. If you earned income in any year, you are required to file an "income tax return" for that year and if there has not been enough payment made up front from you paycheck, you will have to pay the additional amount. If too much money has been paid up front, you will receive a check from the Government in the amount of the overpayment. a form that shows how much income you received from working sources, and how much tand otherax you must pay.