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America’s Aversion to Taxes
Sunday, September 2nd, 2012
August 14, 2012
Citizens of most industrial countries have demanded more public services as they have become richer. And they have been by and large willing to pay more taxes to finance them. Since 1965, tax revenue raised by governments in the developed world have risen to 34 percent of their gross domestic product from 25 percent, on average… Since 1980, income per person has grown roughly the same across developed nations, about 300 percent… It has grown a little faster in the United States than in the European Union and Canada, but slower than in higher tax countries like Japan, Norway and Sweden.
Tags: economy, globalization, ideology, rights, standard of living, tax
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