The House Committee on Ways and Means amended the Student and Family Tax Simplification Act last Thursday and has issued a comprehensive report on the bill. The bill, or H.R. 3393, was developed by Representatives Diane...
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- Taxes Per Person in the United States
Taxes Per Person in the United States
From Mankiw's blog:
Here are the results for some of the largest developed nations:
.461 x 33,744 = 15,556
.406 x 34,219 = 13,893
.390 x 35,165 = 13,714
.282 x 46,443 = 13,097
.334 x 38,290 = 12,789
.426 x 29,290 = 12,478
.373 x 29,527 = 11,014
.274 x 32,817 = 8,992
The bottom line: The United States is indeed a low-tax country as judged by taxes as a percentage of GDP, but as judged by taxes per person, the United States is in the middle of the pack.
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