Tax Returns Made EZ

How much tax money do you th ink the U.S . federa l government took in last year?

Here are some past annual receipt totals:

•2009 (est.) - $2.157 trillion

•2008 - $2.524 trillion

•2007 - $2.568 trillion

•2006 - $2.407 trillion

•2005 - $2.154 trillion

•2004 - $1.880 trillion

•2000 - $2.026 trillion

2010 Statistical Abstract of the United States

Where this money comes from?1. Personal income tax - $953 billion

(44.2%)

2. Social Insurance and retirement

trust funds - $899.2 billion (41.7%)

3. Corporate income tax - $146.8

billion (6.8%)

4. Excise taxes - $66.3 billion (3.1%)

5. Other taxes - $91.4 billion (4.2%) 44%

42%

7%

3%4%

In this activity, you will discover how the largest chunk (the personal income tax) is collected, and how you will play in this annual ritual for much of your lives.