Guess I Just Have To Stick These Facts In My Pipe And Smoke And Smoke 'Em
UPDATE: Finally got the graph up.
Trying to upload a neat New York Times graph I swiped from Greg Mankiw's blog, but Blogger's giving me a little grief tonight. Instead, visit his short post and then return.
Okay, that hurts the argument of a guy like me who thinks that the Canadian government requires a pretty good pruning. For those of you who haven't visited the graph on Mankiw's blog, what it says is that Canada has 33.4% of its GDP going to taxes. Sounds high, right?
Well, not quite. That puts it behind the high 30's crowd of Britain (37.4%), Spain (36.7%) and Germany (35.7%). Well behind the 40's players of Italy (42.7%) or France (44.5%). And not even close to the fiscal insanity of Denmark (49%) or the leader Sweden (50.1%)
And the graph shows that nineteen of the twenty countries listed have seen their tax percentage rise since 1975 (Goooooo Netherlands!), Canada comes in tied with Germany for the lowest percentage gain of the bunch (+1.4%).
Puts the "smaller government" arguments into perspective, however I still maintain that smaller is better. While some people look at the word "taxes" and sees opportunity for government to create social safety programs.
I see "taxes" and the more traditional definition springs to mind. Namely, a tax on society's growth and development. A hindrance. A hurt on her potential.
We need to recognize them for what they are: A harmful necessity. No point of pride.
Course, that being said, I go back to the graph and see that Canada is not doing nearly as bad as I thought on that front.
Gotta accept that and add it to the equation.