U.S. Taxes

FAR BELOW AVERAGE Americans pay among the lowest taxes in the developed world. Tax revenue as a percentage of GDP, 2009 DENMARK 48.2% SWEDEN ITALY BELGIUM FINLAND AUSTRIA FRANCE NORWAY HUNGARY SLOVENIA LUXEMBOURG GERMANY CZECH REPUBLIC UNITED KINGDOM ICELAND ISRAEL CANADA 31.1% NEW ZEALAND SPAIN SWITZERLAND GREECE SLOVAKIA IRELAND SOUTH KOREA TURKEY UNITED STATES 24.0% CHILE MEXICO 17.5% BURDEN IN DECLINE Americans' total tax burden, as a percentage of gross domestic product, is lower than it was in 1965. Tax revenue as a percentage of GDP, 1965-present OECD AVERAGE -U.S. 36 34 2008*: 34.8% 32 30 1965: 25.5% 28 24 -1965: 24.7% 2009: 24.0% 22 1965 1970 1975 1980 1985 1990 1995 2000 2005 * 2009 data unavailable MATTHEW BAMBACH/THE GLOBE AND MAIL » SOURCE: OECD 26