Chart of the day: We are so overtaxed!

Oh…oh…maybe not. The chart is geared for Americans, but as you can clearly see Canada is in the bottom half. And, as Paul Krugman also wryly notes, the EU crisis point countries are also low tax regimes. Look elsewhere than the “welfare state” for the root of the trouble!

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One comment

  1. Norman Farrell

    The amazing thing is that right wing Americans and Australians are still not happy. They want more reductions yet. The perfect society for them would be no taxes and no government revenues beyond user fees generated by a few services. The billions needed to keep the military active would be borrowed and future generations can pay that.