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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (196879)8/5/2004 8:25:57 PM
From: combjelly  Read Replies (1) of 1573829
 
"At their peak in World War II taxes where about the same level of GDP that they where in 1998."

As a percentage? Probably. But given the fact that we were still coming off of the Great Depression, average income was still considerably lower than now, counted in constant dollars and cost of living was higher when basics are considered as a percentage of income. So the percentage of taxes paid had to be lower or people would have starved...
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