Here is a visual blog post that largely speaks for itself. The light gray lines represent other OECD countries.
Some talking points, if you like:
- Taxation now is slightly below the level it was in the Nixon administration.
Taxation in the US has always been below average among developed countries. Now it’s the absolute lowest level of them all.
- The average OECD country collects about 7% of its GDP more in taxes than the US.
The next time someone tells you, “We can’t afford….” to welcome refugees, to house the homeless, or to provide high-quality education to everyone, show them this graph. We can certainly afford much more than what we’re doing.