U.S. Treasury's take from corporate taxes falls 16% in FY2026
FROM THE WIRE · SEEKINGALPHA.COM
[Stimulus Check] LPETTET The U.S. Treasury's intake of corporate taxes declined significantly in its fiscal year ended Sept. 30, 2026, as the Trump administration's signature tax reform took hold. Corporation income taxes fell to $381.4B for the full fiscal year 2026 from…
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✦ IN BRIEF · AIAI-generated summary
- 01Corporation income taxes fell to $381.4B from $452.1B in FY 2025.
- 02The federal deficit rose to $1.99T for the year, up 12% Y/Y.
- 03Income taxes from individuals increased 7.2% to $2.85T.