2 ms·
I think you need to account for inflation, which from 2000 to 2020 is 50% [0]. So 175%/150% => 116%, or 16% increase in tax revenue for a 15% increase in popul
by temporalparts 6y ago
I think you need to account for inflation, which from 2000 to 2020 is 50% [0].
So 175%/150% => 116%, or 16% increase in tax revenue for a 15% increase in population.
Which means inflation adjusted tax revenue/capita has not meaningfully changed from 2000 to 2020.
[0] https://www.in2013dollars.com/us/inflation/2000?amount=1#:~:text=The%20U.S.%20dollar%20experienced%20an,2000%20inflation%20rate%20was%203.36%25 https://www.in2013dollars.com/us/inflation/2000?amount=1#:~:....