K-12 Tax & Spending Climate: Feds Taxed and Borrowed $4.47 Trillion Since Last Tax Day; $13,737 for Every Man, Woman, Child in USA
The federal government has taxed and borrowed $4,474,356,967,081 since Tax Day 2017, according to statements published by the U.S. Treasury.
That $4,474,356,967,081 in taxing and borrowing equals approximately $13,737 for each of the 325,719,178 people living in the United States as of July 2017.
In 2017, the tax filing deadline was April 18. As of that day, according to Table IV in the Daily Treasury Statement, the federal government had brought in $1,668,245,000,000 in tax revenues. For the entire fiscal year, which ended on September 30, 2017, the federal government would collect $3,314,894,000,000 in taxes, according to the Monthly Treasury Statement.
