Re:Netflix Europe offices raided in tax fraud probe
by AnthonyMouse on Tuesday November 05, 2024 @04:14PM
(#42055219)
Federal revenue as a percent of GDP:
https://fred.stlouisfed.org/series/FYFRGDA188S
Basically flat since the end of WWII, significantly lower before the war. At the height of the New Deal, less than half of what it is now. And that's in the face of significant growth in real GDP per capita. Probably not a dissimilar story in most other Western countries.
The problem isn't in the amount of taxes being collected, it's in how the money is being spent.
Well Netflix is nice and all but I prefer social security and teachers in school.