Ten Charts that Prove the United States Is a Low-Tax Country

Ten Charts that Prove the United States Is a Low-Tax Country: "We don’t have this problem because we tax too little. We have it because we spent too much.”

It’s a popular talking point, but it simply isn’t true. Deficits do not stem from spending levels alone."

While it is true that deficits are a mismatch between revenue and spending, historically low tax rates don't mean that spending isn't a much bigger problem. Historically and comparatively low tax rates don't prove that tax rates are lower than they should be. Also, the article fails to consider the "inflation tax".