# U.S. Corporate Tax Receipts Drop 16%

> U.S. corporate tax receipts fell 16% to $381.4 billion in fiscal 2026, widening the federal budget deficit.
- Title: U.S. Corporate Tax Receipts Drop 16% · TokenPost | Shortify
- Summary: U.S. corporate tax receipts fell 16% to $381.4 billion in fiscal 2026, widening the federal budget deficit. U.S. corporate income tax receipts dropped 16% to…
- Keywords: u.s. corporate tax, fiscal 2026, federal budget deficit, corporate tax receipts, fiscal year 2026, federal revenue, budget deficit, crypto, finance, Corporate, Tax, Receipts
- Source: TokenPost — https://tokenpost.com/news/regulation/35204
- Published: 2026-10-20T01:54:15+00:00
- Read time: 1 min
- Topics: u.s. corporate tax, fiscal 2026, federal budget deficit, corporate tax receipts, fiscal year 2026, federal revenue, budget deficit, crypto, finance
## Corporate Tax Receipts
U.S. corporate income tax receipts fell 16% to $381.4 billion in fiscal 2026, even as overall federal revenue rose.
## Budget Deficit Widens
Federal spending climbed to $7.40 trillion from $7.01 trillion, widening the deficit to $1.99 trillion from $1.78 trillion.
## Individual Tax Rise
Individual income tax receipts rose to $2.85 trillion from $2.66 trillion, offsetting corporate tax declines.
## Key takeaway

U.S. corporate income tax receipts dropped 16% to $381.4 billion in fiscal 2026, increasing the federal budget deficit to $1.99 trillion.