How much taxes should the Federal Govt collect as a percent of GDP?

JR: How much taxes should the Federal Govt collect as a percent of GDP?
So the last GDP was about 14 trillion, and the IRS collected about 20% of that in federal taxes in 2009.

The problem is, over 90% of those taxes were paid for by the top half of income earners. By the way, if you made $ 60K last year, that makes you a top 50% earner.

Answers and Views:

Answer by imaxkr
Federal government spending should be capped at around 14% of GDP, the historic norm in peace time.

Answer by Richie B
We don’t have a tax problem we have a spending problem.

Answer by A Voice of Reason
The US tax rate is actually low by world standards. For example, Canada, which by most measures is doing very well indeed, collects about 1/3 of the GDP in tax (between federal and provincial), which pays for many services on which the citizens depend (including health care).

Answer by TicToc….
The tax system is fraudulent in that many of those people who do earn over 250K and work for the government or unions end up paying less than those who earn as much in the private sector. The last statistic I remembered was that we pay up to 22% of the GNP in taxes which is what it was around the great depression. The government should cut all spending by 10% or more across the board.