Monday, April 27, 2009

Life begins at 40?

More from those OECD governments which take more than 40 percent out of an economy in the form of taxes:

Collectively, those governments which take 40% or more of GDP in the form of taxes, the average annual rate of GDP growth from 2000 to 2007 = 3.48%

Collectively, those governments which take less than 40% of GDP in the form of taxes, the average annual rate of GDP growth from 2000 to 2007 = 5.35%
All weighted for size of a country's economy in its grouping. As FYI, those governments engaged in 40+% seizure of GDP: Denmark, Sweden, Belgium, France, Norway, Italy, Finland, Austria and Iceland. This grouping unfortunately subject to increase shortly.

As always, feel free to do your own fiddling with the data here, here and here. Any/all corrections welcome in the comments.

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