CBPP: Government Revenues in U.S. Are Low by International Standards

[ProSense]

Government Revenues in U.S. Are Low by International Standards

I have already noted that government spending in the United States (as a percent of gross domestic product, or GDP) is below average for a developed country, using data from the Organisation for Economic Co-operation and Development (OECD). Those data also show that government revenues in the United States are low by international standards.

That’s not just because of the economic downturn. The United States is consistently one of the lowest-taxed countries in the OECD.



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