Are taxes high in the US? At least compared to other industrialized countries, no they are not. This is what happens when revenue is not tethered to expenditures. We get low tax rates, and high spending resulting a high deficits. This decoupling under the Bush Administration lead from budget surpluses to trillion dollar deficits. The US did not get into this with any one decision it took 2 wars, 3 tax cuts, rebate checks to tax payers, and creating or continuing tax breaks for several industries. Many people such as myself where hoping by this point, Barrak Obama would have led us to a near balanced budget, that has not happened yet. This imbalance is what led to the US credit downgrade, and only the possibility of raising revenue keeps it from getting worse. In light of all this data, how can we take a Paul Ryan budget seriously that wants further review cuts without specifically listing matching spending cuts?
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Are taxes high in the US? At least compared to other industrialized countries, no they are not. This is what happens when revenue is not tethered to expenditures. We get low tax rates, and high spending resulting a high deficits. This decoupling under the Bush Administration lead from budget surpluses to trillion dollar deficits. The US did not get into this with any one decision it took 2 wars, 3 tax cuts, rebate checks to tax payers, and creating or continuing tax breaks for several industries. Many people such as myself where hoping by this point, Barrak Obama would have led us to a near balanced budget, that has not happened yet. This imbalance is what led to the US credit downgrade, and only the possibility of raising revenue keeps it from getting worse. In light of all this data, how can we take a Paul Ryan budget seriously that wants further review cuts without specifically listing matching spending cuts?

Source: stats.oecd.org