On average, what percentage of the GDP does the U.S. government collect through taxes?
A)50%
B)10.5%
C)28.2%
D)33.33%

Question

Quizplus · Accepted Answer

According to data from the Office of Management and Budget, in 2020 the federal government collected approximately 28.2% of the GDP through taxes. This includes income taxes, payroll taxes, corporate taxes, excise taxes, and other sources of revenue. Therefore, the best choice is C.

On Average, What Percentage of the GDP Does the U