Federal Sales Tax (user search)
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Author Topic: Federal Sales Tax  (Read 3309 times)
John Dibble
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« on: October 14, 2004, 08:32:35 PM »

I believe it's the Gross Domestic Product, which www.nationmaster.com defines as the "value of all final goods and services produced within a nation in a given year".

Ours is $10.45 trillion (2002 est.), or $35991.96 per person.
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John Dibble
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« Reply #1 on: October 14, 2004, 09:01:11 PM »

$2.052 trillion, that's what nationmaster says the government spend in 2002. If my math is correct then it would have to be 20% - definitely need to cut spending in half, 10% wouldn't be too bad since payroll and income taxes would be eliminated.
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John Dibble
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Japan


« Reply #2 on: February 01, 2005, 07:00:23 PM »

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Are there any statistics on what percentage of that consists of food and clothes?

I don't think so, I can't find them anyways. Here's all the economic stats: http://www.nationmaster.com/country/us/Economy
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