Thread: Tax Policy
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jyl jyl is online now
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Join Date: Jan 2002
Location: Nor California & Pac NW
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Incidentally, the CAGR (compound average growth rate) of federal tax revenue in FY00 dollars, from 1979 to 2005, is 2.4%.

I am kind of surprised to see that - I'd always thought fed tax rev was growing in excess of GDP growth.

Edit: Never mind - the tax revenue data is in constant (real) dollars, so not comparable to GDP growth in nominal dollars.
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Last edited by jyl; 06-17-2008 at 11:27 AM..
Old 06-17-2008, 10:40 AM
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