The Heritage Foundation Think Tank
The Heritage Foundation Think Tank
Recession Pushes Current Tax Receipts Below Historical Average
The overall tax burden on Americans is measured as a share of gross domestic product (GDP). Since World War II, tax receipts have averaged around 18 percent of GDP. Due mainly to the recession, tax receipts have fallen slightly but are expected to surpass historical levels soon.
Read more: www.heritage.org/budgetchartbook/current-tax-receipts
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Uploaded on July 30, 2010
Recession Pushes Current Tax Receipts Below Historical Average
The overall tax burden on Americans is measured as a share of gross domestic product (GDP). Since World War II, tax receipts have averaged around 18 percent of GDP. Due mainly to the recession, tax receipts have fallen slightly but are expected to surpass historical levels soon.
Read more: www.heritage.org/budgetchartbook/current-tax-receipts
248
views
0
faves
1
comment
Uploaded on July 30, 2010