In the Tuesday Wall Street Journal, Professor Alan Blinder wrote of his puzzlement at the very slow growth of productivity in the last three years. There is really no mystery. The rate of growth of investment in...
- The Tax Policy Blog
- 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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