Over the next decade, the individual income tax will be the fastest growing source of federal revenue, according to new estimates by the Congressional Budget Office. In fact, the individual income tax will pretty much be the only revenue source likely to increase significantly over the next decade. As a result, it will generate more than half of all federal revenue for the first time since the turn of the 21st century.
Over the next decade, the individual income tax will be the fastest growing source of federal revenue, according to new estimates by the Congressional Budget Office. In fact, the individual income tax will pretty much be the only revenue source likely to increase significantly over the next decade. As a result, it will generate more than half of all federal revenue for the first time since the turn of the 21st century.
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