[Vision2020] Cost of Government Day

[Ron Force]

Well, no not all taxes have been increasing.  Tax receipts will increase as
the economy grows, assuming no change in rates.  The way to assess this is
to look at taxes as a percentage of the gross domestic product.  The OECD
has a site comparing the GDP percentage of different kinds of taxes,
1965-2002: http://www.ctj.org/pdf/oecd.pdf

Summary of ranges and latest value:

All income taxes: 24.7 - 29%, 2002- 26.3%

Personal Income Taxes: 7.8 - 12.9%, 2002- 11.8%

Corporate Income Tax: 1.5-4.1%, 2002- 1.5%

Social Insurance: 3.3 -6.9%, 2002- 6.9%

Consumption taxes: 4.0 - 4.9%, 2002- 4.1%

Property & Wealth Taxes: 2.8 -3.9%, 2002- 3.0%

Almost all taxes have declined from their peak as a percentage of the
economy, except for Social Security.

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Ron Force	      	  rforce@moscow.com
Moscow Idaho USA
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> -----Original Message-----
> From: vision2020-admin@moscow.com [mailto:vision2020-admin@moscow.com]On
> Behalf Of thansen@moscow.com
> Sent: Monday, July 14, 2003 2:13 PM
> To: Dale Courtney; vision2020@moscow.com
> Subject: RE: [Vision2020] Cost of Government Day
>
>
> This is true, Mr. Courtney.  Taxes have been increasing.
>