3 ms·

tax revenue as a percentage of GDP has been stable since WWII - http://www.taxpolicycenter.org/statistics/source-revenue-share-gdp http://www.taxpolicycenter.or

• yummyfajitas 10y ago
  GDP has increased drastically. Similarly I'm personally budget constrained because as my income went up, I rented a larger house, bought an extra car, took more expensive vacations, and switched from street hookers to high class call girls, all the while consuming the same % of my income. Obviously I'm not budget constraint. I'm just spending a lot more money.