How much does the government take for taxes?

Answer The amount of money that your government takes for taxes is based on how much money you earn, the deductions you take such as for charitable donations, your marital status, the type of work you are... Read More »

Top Q&A For: How much does the government take for taxes

What does the government take in a year in federal taxes?

In 2008 the federal government took in $2.524 trillion in tax revenue. According to the U.S. Government Printing office, an estimated $2.156 trillion was generated from federal taxes in 2009.Refere... Read More »

How much money does the U.S. government make in taxes?

The United States federal government collected $2,345,337,177 in taxes in 2009. This was roughly twice what it made 16 years earlier in 1993. That year the United States federal government collecte... Read More »

When Does Government Seize for Back Taxes?

Dealing with the seizure of assets to satisfy an unresolved debt is one of the most painful experiences that a taxpayer may ever undergo. Known as a tax levy, the stakes can be enormous--as country... Read More »

How much money does the U.S. government spend on taxes?

In 2009, the Internal Revenue Service spent 50 cents for every $100 it collected, which is 0.5 percent. Thus, in order to collect $2.3 trillion in 2009, it spent $11.5 billion.References:IRS: The A... Read More »