On Feb 26, 11:22*am, jim wrote:
" wrote:

On Feb 26, 12:21 am, Hawke wrote:
*Then look at taxes and you see the government is
only taking in 14 or 15 percent of GDP, which is really low.

Hawke

you really should not use numbers that are obviously wronge and that
are easily checked. *According to the OECD the tax rate is 24.0 % of
the GDP.

Your prejudice is showing again.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * *Dan

Last year Federal revenue was 2.303 Tn and
15.294 Tn for GDP

That was 15% of GDP

Okay, I am confused.

http://www.usgovernmentrevenue.com/ gives total Federal revenue as
5.1 trillion.

http://www.whitehouse.gov/omb/budget/Historicals has a table that
agrees with your 2.303 trillion

Okay I see where I went astray. Missed that the 5.1 is total revenue
including cities and states, not just Federal revenue. and the 23.5 %
is the Federal expenditures as percent of GDP.

Sorry about that. I remembered that expenditures were over 21 % of
GDP and then screwed up more when I did a quick check for actual
numbers.

So the Federal Government is spending 56% more than it takes in.

Dan