2 ms·
Please notice that the 14.5% refers to the "central government" (ie, federal) budget. It doesn't account for the fact that much of your public expenditures are
by danmaz74 9y ago
Please notice that the 14.5% refers to the "central government" (ie, federal) budget. It doesn't account for the fact that much of your public expenditures are done at the state level - here in the EU, "centra government" means Germany, UK, etc.) nor the fact that, with lower taxes, your budget as a % of GDP is of course lower.