09-28-2017, 02:55 PM
(09-28-2017, 02:53 PM)Belsnickel Wrote: Eh, that percentage isn't our tax liability on average, it is how much tax revenue we have compared to our GDP. Tax liability averages would be too difficult to calculate, so this is the standard used for comparisons.
Now, keep in mind that GDP includes government expenditures. The government spending part of our GDP rides around 35%. So 35% of our GDP is spent by the government, but they only bring in 26%.
It was still a good guess.
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