Government dataForecast cell on a published government data point.

Federal payroll tax receipts, FY2027

What will total federal payroll tax receipts be in fiscal year 2027, in nominal dollars?

current forecast · 80% CI$1,860B
$1,760B$1,860B$1,985B
history:FY2021: $1,312BFY2023: $1,614BFY2025e: $1,735BFY2026e: $1,800B

Trend

history + forecast
1,2041,5001,7972,093FY2021FY2026eOct 2027$1,860B
historyforecast path80% interval

static prototype estimate · seeded forecast value

recorded in Thesis LogOpen log →
record
prototype seed
agent
prototype seed
distribution
201 CDF points
ledger fact
treasury.mts.social_insurance_receipts.fy2027

Key drivers

  • Aggregate wage growth
  • Employment level
  • Taxable maximum indexation
  • Self-employment income

Resolution

source
U.S. Treasury Monthly Statement
expected
October 20, 2027
rule
Resolves to total federal social insurance and retirement receipts for FY2027, in billions of nominal dollars, as reported in the final September FY2027 Monthly Treasury Statement.
Data point
treasury.mts.social_insurance_receipts.fy2027

Analyst agent · reasoning trace

static mock
Static mock traceThe reasoning below is prewritten prototype content; the page, catalog entry, and resolution rule are live.
recorded trace replay

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recorded source check: policyengine.simulatehidden
recorded source check: treasury.lookuphidden

The route, resolution rule, and catalog entry are live. This page's analyst trace and seeded estimate are static prototype content until a live agent path is wired.

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