Corporate Taxes as Percentage of GDP
Posted By Barry Ritholtz On August 9, 2010 @ 12:30 pm In Data Analysis,Taxes and Policy | Comments Disabled
The Department of Numbers [1] has an interesting set of charts looking at Tax Revenue as a Fraction of GDP.
You should go to Dept of #s to read the commentary explaining the hows and whys, but meanwhile, see these charts — I added a (ballpark) mean to both series:
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Total US Tax Revenue as a Percentage of GDP (~16.5%)
[2]
US Tax Revenue as a Fraction of GDP by Component
(Corporate Tax falls from >4% to ~2%)
[3]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/08/tax-base-as-of-gdp/
URLs in this post:
[1] Department of Numbers: http://www.deptofnumbers.com/blog/2010/08/tax-revenue-as-a-fraction-of-gdp/
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/08/total-tax-revenue1.png
[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/08/component-tax-revenue1.png
Click here to print.