The Daily Beast’s Michael Tomasky is celebrating this April 15 by declaring that America is “the most undertaxed advanced country in the world.” He claims that this chart offers proof of his assertion.
The chart in question shows that tax revenues in the United States total a mere 24.1% of GDP – by comparison, the United Kingdom, for example, collects 34% of GDP in taxes; in France the figure is 42.4%, and in Denmark it’s 48.1%.
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