Despite neoliberalism doing its worst, tax revenues as the percentage of GDP have been pretty stable across the G5.

Data extracted on 11 Dec 2015 09:39 UTC (GMT) from OECD.Stat.
Nothing has happened to tax revenues as a percentage of GDP in Germany for a good 40 years. The same pretty much goes for the USA as well but with some ups and downs around the time of the GFC.
Margaret Thatcher’s time as Prime Minister coincided with the fall in tax revenue as a percentage of GDP but John Major did his best to reverse that.
French taxes have been steady since 1981 but started to increase as a percentage of GDP after the GFC. Tax revenues also increased in Japan as a percentage of GDP after the GFC.
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