Taxes Per Person in the United States

March 31, 2010

Justin Higginbottom

From Mankiw's blog:

Taxes/GDP x GDP/Person = Taxes/Person

Here are the results for some of the largest developed nations:

France
.461 x 33,744 = 15,556

Germany
.406 x 34,219 = 13,893

UK
.390 x 35,165 = 13,714

US
.282 x 46,443 = 13,097

Canada
.334 x 38,290 = 12,789

Italy
.426 x 29,290 = 12,478

Spain
.373 x 29,527 = 11,014

Japan
.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.

Topics

Related Articles

Landmark Tax Avoidance Treaty Could Change International System

What We Can Learn from the UK’s Corporate Tax Cuts

The Cautionary Tale of Chilean Tax Reform

How the Border Adjustment Helps Fix Business Taxation in the United States

Economic Growth and Cutting the Corporate Tax Rate

UK Government Abandons Structural Tax Reform