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A Little Perspective on Taxation
Per this graph, we rank 52 out of 81 countries in terms of taxation on $100K of personal income. What does this say with regard to the GOP's constant drumbeat of over-taxation, particularly in the face of a $13 trillion national debt? I'd say our tax burden is just fine, if not a little low. Now, spending OTOH is certainly out of control. Any serious proposals to cut spending out there (Tea Party demagoguery notwithstanding)?
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As long as the roots are not severed, all will be well in the garden.
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10-06-2010, 09:14 PM
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