US is a low-tax country

Posted: 30 April 2011 in Uncategorized
Tags: ,

The next time someone—a neoclassical economist, wealthy individual, or large corporation—complains that the U.S. tax burden is too high, just show them the facts above.

Whether measured in terms of total government revenues or total tax revenue as a share of GDP, U.S. taxes are low by international standards. The problem is not that taxes are too high but that those who can pay—wealthy individuals and large corporations—do not and those who should know better—neoclassical economists—do their bidding.

Comments
  1. Scott M. says:

    Sources please?

  2. David Ruccio says:

    The source is at the bottom of both graphs: the Center on Budget and Policy Priorities, at cbpp.org.

  3. Magpie says:

    Mate (pronounce it as “mite”), I’m so bloody proud!

    Lil’ Oz is there among the greatest!

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