Comment by throwaway2037
4 hours ago
> US taxes as a percent of GDP are at an all time high
I found this from the Federal Reserve: "Federal Receipts as Percent of Gross Domestic Product"
https://fred.stlouisfed.org/series/FYFRGDA188S
It looks pretty steady around 17%. It was as high as 20% in the late 1990s. However, this does not include state and local taxes. I could not find a source for it. What is your source of information?
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