aidsoversixty

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Michael Linden et al., Center for American Progress: Ten Charts that Prove the United States Is a Low-Tax Country

Ten Charts that Prove the United States Is a Low-Tax Country
by Michael LindenSeth HanlonJordan Eizenga | June 10, 2011

Our Citizens and Corporations Pay Much Less Than They Once Did and Much Less Than in Most Other Countries

The United States is a low-tax country. That’s true for individuals and for corporations, and it’s true whether you compare us to other countries or the America of the past. No matter how you slice it the conclusion is the same.

Conservatives like to claim that our budget deficits are purely a “spending problem.” Said Senate Minority Leader Mitch McConnell (R-KY): “We don’t have this problem because we tax too little. We have it because we spent too much.”

It’s a popular talking point, but it simply isn’t true. Deficits do not stem from spending levels alone. They are the product of a mismatch between spending and revenue. And when revenue is as low as ours is, you end up with big deficits.

Here are 10 charts demonstrating the simple, clear truth that federal taxes in the United States are very low.

Download the charts (pdf)

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