Chart 2
Federal government taxes, year-over-year change

combined line chart&8211;Chart2, from third quarter 2019 to third quarter 2025
Source(s):

Chart description


This is a combined line chart.

Federal government taxes, year-over-year change , billions of dollars
  Total taxes Taxes on income, profits, and capital gains Taxes on goods and services Taxes on international trade and transactions
Third quarter 2019 -1.1 -0.8 0.6 -0.9
Fourth quarter 2019 -0.1 0.1 0.5 -0.7
First quarter 2020 1.2 1.0 0.8 -0.6
Second quarter 2020 -2.4 0.4 -2.1 -0.7
Third quarter 2020 3.5 3.3 0.4 -0.2
Fourth quarter 2020 3.2 3.0 0.1 0.1
First quarter 2021 7.5 6.0 1.2 0.3
Second quarter 2021 16.2 11.6 4.0 0.5
Third quarter 2021 14.4 11.9 2.3 0.1
Fourth quarter 2021 16.6 13.3 3.1 0.2
First quarter 2022 13.0 10.5 2.4 0.2
Second quarter 2022 10.8 7.7 2.8 0.3
Third quarter 2022 9.2 7.4 1.5 0.3
Fourth quarter 2022 4.4 2.9 1.5 0.1
First quarter 2023 8.5 6.7 1.8 0.1
Second quarter 2023 2.8 1.7 1.2 -0.1
Third quarter 2023 0.6 -1.1 1.8 -0.1
Fourth quarter 2023 3.2 2.3 1.0 -0.1
First quarter 2024 -0.4 -1.5 1.2 -0.1
Second quarter 2024 5.7 4.5 1.2 0.0
Third quarter 2024 6.5 5.7 0.7 0.0
Fourth quarter 2024 7.2 6.4 0.8 0.0
First quarter 2025 10.2 9.1 0.7 0.5
Second quarter 2025 2.2 2.7 -2.6 2.1
Third quarter 2025 2.8 3.6 -2.3 1.5
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