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Total tax revenue as a share of GDP
(lemmy.world)
🤣 ha ha ha... I read it "GPT"
Uaoh! GDP is... PBI 🤣. So different letters!
Whut?
Looks like it’s
Country’s Annual revenue from taxes / Country’s GDP
As a percentage rather than fractional.
Why is the US highlighted and the percentage shown?
Is there any relevance or just for us citizens?
The notes say that the US GDP is the only one not weighted. No idea what weighting they’re using or why.
Maybe because it would skew the average too nuch
Likely the intended audience is the United States based on the highlighting of it. By leaving them out of the average you get the average of other countries to compare the US against.
If we collected the extra 7% we could pay down the national debt to something more manageable.
What does Austria do with all the extra taxes it gets compared to say, Estonia?
You'd have to ask an aussie, but iirc the government literally sends them an itemized list of where their tax dollars go.
Austria != Australia
Whoops. 🤦♂
ha
My eye to brain compression algorithm has some corruption artifacts it'd seem! At least someone can get a laugh out of it. :)
Why not include the US?
The US is highlighted in red.
Bro what
It’s there. I was wrong
this post was submitted on 25 Jul 2025
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