Federal payroll tax revenues (primarily for Social Security and Medicare) totaled about $1.2 trillion in 2017. As a share of GDP, they were under 2% in the 1940s and grew to 6% by the mid-1980s; remaining roughly constant since, with the exception of the Great Recession.
How Big A Global Problem Is Tax Avoidance?
Steven M. Rosenthal
A Citizen's Guide to Tax Policy
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