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I'd guess that the main issue they were highlighting was the "30% of GDP" part, which was actually more like 34% pre-covid (https://fred.stlouisfed.org/graph/?g
by pseudo0 5y ago
I'd guess that the main issue they were highlighting was the "30% of GDP" part, which was actually more like 34% pre-covid (https://fred.stlouisfed.org/graph/?g=8fX https://fred.stlouisfed.org/graph/?g=8fX). There has been a consistent upwards trend since the '50s, if not earlier, and there are people alive today who remember a time when we didn't even have a federal income tax.