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View Diary: President Obama meets with congressional leaders to discuss avoiding that fiscal cliff thing (81 comments)

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  •  Total-tax-burden in USA is lowest of 34 OECD ctrys (8+ / 0-)

    Boehner and ilk who follow the Koch-paid-for Norquist party-line really are trying to destroy our government --  to "shrink it down to the size where we can drown it in the bathtub," to quote Norquist.

    The US has the lowest total tax burden (federal + state + county + city) of any of the 34 OECD countries, even according to the conservative Heritage Foundation.

    Sixty-two countries have higher tax rates than us, including: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, and the United Kingdom. (Those below us are mainly poor developing countries who lack the ability to collect taxes.)

    In the 1950s and early 1960s, the top income bracket tax rate in the US was over 90% (and that didn't impede a period of economic growth - booming stock market, successful middle-class.)

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