United States Government Receipts and Expenditures Source: Annual statements of the Treasury Department Receipts Expenditures Year (Fiscal) 1860. 1865 1870. 1880. 1890. 1900. 1905. 1910. 1911. 1912 1913. 1914. 1915. 1916. 1917. 1918. 1919. 1920. 1921. 1922. Year The 1941 receipts are exclusive of $661,300,733 representing Employment taxes collected under provisions of the Social Security Act appropriated to the trust account "Federal Old-age and survivors insurance trust fund." The chief sources of receipts were from Internal Revenue (income taxes) and Customs (import duties). The major items of expenditure were: National Defense (including Army, Navy and Civil Establishments), $6,047,929,293; interest on the public debt. $1,110,692,812; Agricultural Adjustment Program, $967,762,919; Veterans Administration (pensions, etc.), $562,680,802; Civilian Conservation Corps, $257,396,531; Social Security Board, $423,157,379; Work Projects Administration, $1,284,593,921. The pre-war gross debt on March 31, 1917 (per capita in parenthesis) was $1,282,044,346 ($12.36); the war debt at its peak, Aug. 31, 1919, was $26,596,701,648 ($250.81); the lowest post-war debt, Dec. 31, 1930, was $16,026,087,087 ($129.66). President Roosevelt signed (Feb. 20, 1941) a bill raising the Federal debt limit to $65,000,000,000 from $49,000,000,000 and authorizing for the first time in the history of the United States the issuance of taxable Federal securities. The interest on the public debt (per capita in parentheses) grew from $21,342,979 ($0.23) in 1910 to $1,020,251,622 ($9.58); was reduced to $599,276,631 ($4.80) in 1932; and has risen ever since, until, in 1941, it was $1,110,692,812 ($8.38). Appropriations by the Federal Government Source: General and special funds and trust funds The figures include postal appropriations chargeable to the postal revenues and estimated amounts under indefinite appropriations and under permanent appropriations (those which recur automatically each year without annual action by Congress). Internal Revenue Collections, 1940, 1941 Source: United States Bureau of Internal Revenue; data are for fiscal years TOTALS FOR STATES AND TERRITORIES COMPRISING PART OF OR MORE THAN ONE Note The above figures include amounts covered into the Treasury from documentary stamp sales by postmasters as well as excise tax collections on imported distilled spirits and wines by collectors of customs. Comparative U. S. Income Tax Collections, 1940, 1941 Collect. Source: United States Bureau of Internal Revenue; data are for fiscal years. Location of collecDistricts tor's office Birm'ham. $ 3,772,626 $ 7,170,684 $3,810,566 1,358,844 2,033,005 2,372,145 3,414,130 61,488,925 86,069,559 43,091,039 56,019,458 Denver... 69,909,769 88,998,209 13,366,026 19,170,190 17,233,338 42,537,792 45,749,329 41,184,897 72,440,158 84,164,432 8,738,881 65,912,233 106.734,328 Ga... 25,142,067 Hawaii. Atlanta. 34,387,194 18,650,975 29,176,082 2,887,049 3,973,438 Idaho. 6,092,538 1st Ill 8th Ill. Boise Chicago 1,260,959 8,913,370 2,236,606 1,873,658 89,217,006 3,337,158 148,863,268 76,519,325) 114,705,430 165,736,331 263,568,698 6,713,653 13,605,697 Ind. India'ap'lis 25,080,307 14,640,629 21,905,457 31,246.716 Iowa. Des Moines 48,862,387 7,728,004 9,967,474 4,817,195 17,706,792 4,630,435 6,598,503 3,291,097 5,074,989 7,921,532 Kentucky. Louisville. 11,673,493 5,498,962 8,371,578 La. N. Orleans. 15,385,867 22,126,452 8,146,876 12,151,747 8,279,592 11,342,419 Me. 16,426,468 23,494,166 5,007,193 Md. Baltimore. 9,424,723 10,265.035 30,794,575 44.597.833 52,015,505 Mass.. 74,650,809 Mich.. Minn. Nebr. 14th N. Y. Boston. Jackson.. Newark. 21st N. Y. Syracuse... 28th N. Y. Buffalo. 36,353,202 58,969,765 41,137,301 120,127,603 83,904,957 203,118,541 42,623,339 70,649,811 126,528,297 273,768,352 16,106,501 23.608,557 11,307,984 16,299.598 27,414,485 39,908,156 1,634,082 2.387,730 3,218,580 5,054,440 5,440,762 7,830,384 14,945,951 21,413,994 1,754,494 2,285,039 3,114,022 Omaha... 4,761,989 4,647,968 2,868,130 3,167,703 Portsmouth 4,970,843 1,685,675 2,397,343 2,400,947 Camden... 5,914,290 6,189,628 9,157,635 8,718,251 14,504,303 14,907,879 23,661,939 55,205,484 70,414,483 105,700,048 1,292.018 2,004,760 1,837,019 2,731,155 55,819,845 353,149,999 77,055,962 17,089,569 7,147,623 16,245,720| 16,462,691 357,801 489,820 29,176,801 346,159 14,688,353 673,091 703,961 1,162,911 51,770,464 6,893,430 11th Ohio. Columbus. 18th Ohio. Cleveland. Okla... Ore 14,366,577 39,035,189 Portland. 3.178,223 6,259,534 3,316,189 5,934,821 TOTALS FOR STATES AND TERRITORIES COMPRISING PART OF OR MORE THAN ONE Internal revenue collection districts follow State boundaries, except that the Maryland district includes the District of Columbia, and Puerto Rico for sugar tax collections and the Washington district includes the Territory of Alaska. The amounts collected by States are not entirely indicative of the Federal tax burden of the respective States, since the taxes may be eventually borne by persons in other States. 48,505,835 76,405,227 122,346,490| 196,265,313 84,050,269 123,965,977 171,565,817 274,726,682 30,073,180 41,894,962 61,647,232 6,536,616 11,392,811 12,151 www Under 1.. 359,688 397,676 1-2. 2-3 967,956 914,198 3-5 703,755 599,075 U. S. Income Tax Returns-Number by Income Classes Net income classes (thousands of $) Source: United States Internal Revenue Bureau (The returns on this page include individuals, estates, and trusts.) 320,460 299,594 277,803 297,143 389.871 1,489,589 1,480,717 1,608,095 1.777.931 2,111,789 2,524.763 2,433,949 980,682 1,123,699 1,317,752 1,571,996 1,614,9826.813,439 762,536 873,673 1,029.144 1,251,213 1,172,409 5-10. 251,014 229,754 102,892 123,564 176,649 178,446 140,781 163.173 3,877,430 3,723,558 4,094,420 4,575,012 5,413,499 6,350,148 6,203,657 7,487,704 Individual returns with no net income numbered (1932) 206,293; (1933) 168,449; (1934) 104,170; (1935) 94,609; (1936) 73,272; (1937) 83,904; (1938) 100,233; (1939) 81,068. U. S. INCOME TAX RETURNS-NET INCOME BY INCOME CLASSES 1932 150-300. 300-500 500-1,000. 3,139,020 2,394,160 882,309 1,400,493 824,261 484,768 611,314 158,413 189,746 183,636 78,441 80,068 81,396 72,005 85,416 110,103 74,091 1,000 and over. Total. Net income 11,655,909 11,008,638 12.796,802 14,909,812 19,240,110 21,238,574 18,897,374 22,289,852 U. S. INCOME TAX RETURNS-TAX, BY INCOME CLASSES U. S. INTERNAL REVENUE SOURCES, YEAR ENDED JUNE 30, 1941 |
