When Vice-President Joe Biden was asked recently by a manager of an ice cream store about lowering our taxes, Biden seemed a bit annoyed. The manager's question seems another example of the widespread misimpression that Americans are over-taxed. The reality, of course, is that Americans enjoy overall tax rates that are quite low in comparison to most other similar nations.
These figures are all the more remarkable considering that the United States supports by far the largest military in the world, and has overseas commitments far greater than other nations. What people should be asking the vice-president is, how do we do it? How do we manage all the United States does and still pay much less in taxes than other comparable countries?
(Urban Institute and Brookings Institute figures)