United States: Annual Tax Revenue Trends (2000-2022) in Local Currency Units (USD)

Created at

2024-08-19 07:24

Category

Economics

The indicator "Tax revenue (current LCU)" refers to the total amount of revenue collected by the government from taxes, measured in local currency units (LCU) of the country. This includes all types of taxes, such as income taxes, corporate taxes, value-added taxes (VAT), excise taxes, and customs duties, among others. Tax revenue is a key component of a country's overall revenue and is crucial for funding government operations, public services, infrastructure projects, and social programs. The chart shows the United States' tax revenue over 23 years, from 2000 to 2022, providing insight into the country's tax revenue trends during this period, expressed in US Dollars (USD).