Tuesday, June 14, 2011

Picture of the Day: Taxes

Here is one perspective on US taxes from the left-leaning Center for American Progress which argues that the US is a low-tax country.  I think graph 2 makes the best case in general, and it is not really surprising - we certainly have different notions of the appropriate role of government then, say, Denmark.

Meaningful?  Discuss.

1 comment:

Dann Cutter said...

I do not disagree with the fundamental argument; but graphs like these I think are somewhat misleading. Without taking into account other factors, such as wealth growth, percentage shifts in economic factors etc, etc I think it is hard to get a true picture of the meaning and value of historical comparison data. The same can be said of government service vs. tax - if we count our personal expenditures on services here vs. taxes on services provided in other countries, I think we might see a different picture of overall expenditure and collection.