The New Conversation

A Little Fact to Cheer You Up: Average tax burden in the US is 26%

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Government at all levels collected taxes equal to about 26% of the US economy’s total output in 2005. That is less than the tax take in most European countries. Sweden has a tax burden of about 50%, according to the Organization for Economic Cooperation and Development; Germany has about 36%. Japan has a tax burden […]…

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