Fighting the Rising Tax Burden

Brief Analyses | Taxes

No. 205
Wednesday, June 05, 1996
by Bruce Bartlett

Recently released data from the Department of Commerce reveal that federal, state and local taxes consumed a record 31.3 percent of gross domestic product last year - the highest level in U.S. history. Even at the height of World War II in 1945 total taxes only consumed 25 percent of GDP.

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