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4/15/02: World Taxes

Discussion: The United States consistently ranks at or near the bottom (or top, depending on your view) of the world's nations in total tax burden.  The data for total government tax and non-tax receipts include state and local government revenues. OECD data

Question: How much better off are Americans to be paying such low taxes? Consider that private health care costs in the US amount to approximately 8% of GDP, compared to 1 or 2% in most European nations.