(Contrary to GOP Rhetoric) The U.S. Collects LESS In Taxes Than All But Two Industrialized Countries

[ProfessionalLeftist]

President Obama and Senate Democrats have presented deficit reduction plans that would rely on both spending cuts and increased tax revenues, but Republicans continue to insist that the U.S. has only a “spending problem” and that deficit reduction does not require new revenues.

The premise of the argument from Republicans is that Americans already face an extraordinarily heavy tax burden. Citizens for Tax Justice, however, compared levels of taxation in 2010 in the other industrialized countries that make up the Organization for Economic Cooperation and Development (OECD) and found that the U.S. not only collects far less in tax revenues than the average OECD country, but that it also collects less in taxes as a share of its economy than all but two other OECD nations...

THE REST:

http://thinkprogress.org/economy/2013/04/08/1834981/the-us-collects-less-in-taxes-than-all-but-two-industrialized-countries/

[hootinholler]

1. Kicking this because! n/t

[ProfessionalLeftist]

2. Shameless kick just because folks need this info to fight back

against the austerity propaganda.

[dawg]

3. And those two countries are Mexico and Chile.

And Pinochet is still dead.