The U.S. Collects Smaller Percentage In Taxes Than Most Developed Countries: Study

[unhappycamper]

http://www.huffingtonpost.com/2013/04/08/us-lowest-taxes-most-industralized-countries_n_3039470.html?utm_hp_ref=business

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In this March 18, 2013 file photo, House Budget Committee Chairman Rep. Paul Ryan, R-Wis. is seen on Capitol Hill in Washington.

The U.S. Collects Smaller Percentage In Taxes Than Most Developed Countries: Study
The Huffington Post | By Caroline Fairchild Posted: 04/08/2013 5:48 pm EDT

While Republicans are quick to pounce on any proposals to raise taxes as a means of stimulating the economy, a new study finds that the U.S. collects a smaller share in taxes than most developed countries.

A look at 2010 data reveals that the U.S. is one of the least taxed countries in the Organization for Economic Cooperation and Development (OECD), according to a study released Monday by Citizens For Tax Justice.

The only countries in the OECD that collected a smaller percentage in taxes are Chile and Mexico, according to the data. The OECD is a group of 34 countries that work together to improve the global economy.

These findings challenge the Republican talking point that Americans face too high a tax burden. In March, House Republicans passed Rep. Paul Ryan's (R-Wis.) budget plan which seeks to balance the budget within 10 years without raising taxes. Ryan's plan would eliminate 2 million jobs in 2014 and shrink the economy by 1.7 percent, the Economic Policy Institute study projected.

[mbperrin]

1. We also get less from our government than most others.

Single payer universal coverage would be my first pick.

[jwirr]

2. Exactly and when we do want more we are called socialist.

[mbperrin]

3. Yep. That's the social in social contract.

Really weird how mean deranged criminals turned it into a dirty word.