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Most of the countries which collect a higher percentage of GDP do so only at the federal level. If you look at US tax income and include the states, you will s
by nickff 11y ago
Most of the countries which collect a higher percentage of GDP do so only at the federal level. If you look at US tax income and include the states, you will see that the collection percentage is more closely comparable to other western countries, and that the total receipts still stay relatively flat despite tax policy changes.
- spangry 11y agoI'm sorry but that's simply false. From the OECD's latest 'Revenue Statistics Publication' (http://www.oecd.org/ctp/tax-policy/revenue-statistics-methodology-guide-and-classification-system.htm http://www.oecd.org/ctp/tax-policy/revenue-statistics-method...): This annual Report presents detailed internationally comparable data on tax revenues of OECD countries for all levels of government... It's like the first sentence in their methodology section. Their 2014 estimates show total tax to GDP ratios of 34 countries that range from 19.5% to 50.9%. They are in no way 'relatively flat'. EDIT: Here's a direct link to the spreadsheet -> http://www.oecd.org/tax/tax-policy/table-a-total-tax-revenue--gdp.htm http://www.oecd.org/tax/tax-policy/table-a-total-tax-revenue...