Data Crunch: How Do Tax Systems Around the World Compare to One Another?

Last updated 12 months ago
6 questions

What is GDP? (Gross Domestic Product)

How Do Tax Systems Around the World Compare to One Another?

Required
15
Which 3 countries have the highest tax-to-GDP ratio?

1._______

2._______

3._______

Required
15
Which 3 countries have the lowest tax-to-GDP ratio?

1._______

2._______

3._______
Required
5

What approximate percentage of Americans paid no income tax in 2019?

Required
10

The GDP of the United Kingdom is $2.708 trillion (USD). Using its tax-to-GDP ratio, calculate its total tax revenue.

Required
10

Why does using a ratio of taxes-to-GDP give a better idea of a country’s tax system than just measuring how much tax revenue they collect?

Required
20

How could a country’s citizens benefit from the federal government collecting more tax revenue? Conversely, how could they benefit from the federal government collecting less in taxes?