Total tax revenue as a share of GDP
Total tax revenue as a share of GDP
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19 comments
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Whut?
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Looks like it’s
Country’s Annual revenue from taxes / Country’s GDP
As a percentage rather than fractional.
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Why is the US highlighted and the percentage shown?
Is there any relevance or just for us citizens?
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The notes say that the US GDP is the only one not weighted. No idea what weighting they’re using or why.
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Maybe because it would skew the average too nuch
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Likely the intended audience is the United States based on the highlighting of it. By leaving them out of the average you get the average of other countries to compare the US against.
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If we collected the extra 7% we could pay down the national debt to something more manageable.
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19 comments