TERENCE P. JEFFREY: Feds Collected Nearly $35,000 Per Household In Taxes In 2023

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The federal government collected approximately $34,400 in taxes per American household in calendar year 2023, according to data published by the Treasury Department and the Census Bureau.

From January through December 2023, according to the Monthly Treasury Statements, the federal government collected a total of $4,521,306,000,000 in taxes.

The Census Bureau estimated there were approximately 131,434,000 households in the country last year.

When the $4,521,306,000,000 in total taxes is divided by the 131,434,000 households, it equals $34,399.82.

The US Treasury Department building is seen in Washington, DC, January 19, 2023, following an announcement by the US Treasury that it had begun taking measures Thursday to prevent a default on government debt, as Congress heads towards a high-stakes clash between Democrats and Republicans over raising the borrowing limit. – The world’s…

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