American Government health spending seen hitting $1.8 trillion

[Kasz216]

 

scottie said:

spurgeonryan said:

"To prevent that outcome, policymakers will have to ... raise revenues above their historical share of GDP.

I find that hard to believe, I suspect that when income tax capped out at 94%, there would have been higher revenues as a share of GDP.

 

 

You'd think that... yet you'd be wrong.

 

Tax Revenue is essentially the same no matter what.  Really it only goes down in times of recession ironically.