Noun | 1. | receipts - the entire amount of income before any deductions are made revenue, gross box office - total admission receipts for an entertainment amount, amount of money, sum, sum of money - a quantity of money; 'he borrowed a large sum'; 'the amount he had in cash was insufficient' |
Submitted | February 4, 2008 [1] |
---|---|
Submitted by | George W. Bush |
Submitted to | 110th United States Congress |
Total revenue | $2.7 trillion (estimated) $2.105 trillion (actual)[2] 14.6% of GDP (actual)[3] |
Total expenditures | $3.107 trillion (estimated) $3.518 trillion (actual)[2] 24.4% of GDP (actual)[3] |
Deficit | $407 billion (requested) $1.413 trillion (actual)[2] 9.8% of GDP (actual)[3] |
Debt | $11.876 trillion (at fiscal end) 82.4% of GDP[4] |
GDP | $14.415 trillion[3] |
Website | Office of Management and Budget |
2010 › |
Source | Requested[7] | Enacted[8] | Actual[9] |
---|---|---|---|
Individual income tax | 1,259 | 958 | 915 |
Corporate income tax | 339 | 165 | 138 |
Social Security and other payroll tax | 949 | 898 | 891 |
Excise tax | 69 | 71 | 62 |
Estate and gift taxes | 26 | 28 | 23 |
29 | 24 | 22 | |
Deposits of earnings and Federal Reserve System | - | 28 | 34 |
Other miscellaneous receipts | 28 | 16 | 18 |
Total | 2,700 | 2,186 | 2,105 |