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Tag Archives: Tax Revenue Metrics

Economy / Tax

Tax Revenue as a Percentage of GDP: A Flawed Metric

Posted on May 8, 2012 by Logan Albright • 11 Comments

By Logan Albright In the context of mounting concerns over the rapidly increasing national debt, the issue of tax revenue is frequently raised. Currently, revenue from federal taxes is at about 14.4% of GDP. Add in state and local taxes and this number rise to 24%. What does this mean in the broader international and … Continue reading →

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