3 ms·
Historic as in since ww2. He US is a young country but it that young. Before the 1930s total tax take was under 10% of gdp
by chgs 2y ago
Historic as in since ww2. He US is a young country but it that young. Before the 1930s total tax take was under 10% of gdp
- s1artibartfast 2y agoYou also have to account for GDP growth. IF the same services are provided, one would expect the inflation adjusted cost to remain the same, and the % of GDP to go down, not up. the reality is that Americans pay 10X taxes than in 1930. Surely government services have growth since then as well, but I question if the public is getting 10X the value.