The design of the Tax system CK hapter 12
The Design of the Tax System Chapter 12
In this world nothing is certain but death and taxes Benjamin franklin 8∞ Taxes paid in Ben Franklins time accounted for 5 percent of the average Americans Income 1789
“In this world nothing is certain but death and taxes.” . . . Benjamin Franklin 0 20 40 60 80 100 1789 Taxes paid in Ben Franklin’s time accounted for 5 percent of the average American’s income
In this world nothing is certain but death and taxes Benjamin franklin Today, taxes account for up to a third of the average Americans In come 1789 Today
0 20 40 60 80 100 1789 Today Today, taxes account for up to a third of the average American’s income. “In this world nothing is certain but death and taxes.” . . . Benjamin Franklin
Government revenue as a Percentage of gDp Percent of 35 GDP Total government 15 10 5 0 1902 19131922192719321940 1950 19601970 1980 19901998
Government Revenue as a Percentage of GDP
Central government Tax Revenue as a percentage of gdp France 38.8 United Kingdom 33.7 Germany 294 Brazil 197 United States 193 Canada 18.5 Russia 174 Indonesia 14.7 Pakistan 153 Mexico 128 India 10.3
France 38.8 United Kingdom 33.7 Germany 29.4 Brazil 19.7 United States 19.3 Canada 18.5 Russia 17.4 Indonesia 14.7 Pakistan 15.3 Mexico 12.8 India 10.3 Central Government Tax Revenue as a Percentage of GDP