You Can't Soak the Rich

[TheRealMafoo]

Broncos724 said:

ManusJustus said:

TheRealMafoo said:

It's hard to dispute facts :)

You can when the facts are wrong.  This theory from an opinion article (of all places) is dead wrong, the United States percentage of tax revenue to GDP has not been 19.5% since 1950, in fact its been around 10% for the past few years.

http://www.nationmaster.com/graph/tax_tax_rev_of_gdp-taxation-tax-revenue-of-gdp

 

http://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP

Clearly your source is dead wrong.

 

Thanks for the link. And the original article talks about how much you collect from the rich when you change there tax bracket. Not total tax collection.