According to the Final Monthly Treasury Statement of Receipts and Outlays of the United States Government for the fiscal year ending September 30, 2019, tax receipts from corporate income tax rose to ¬$230 billion (up from $204 billion in the previous fiscal year). The corporate tax accounts for only a little more than 6% of all federal tax revenues. The greatest sum is from individual income taxes, followed by Social Insurance and Retirement receipts (Social Security and Medicare taxes).