Of the following, which country collects the smallest portion of its gross domestic product in taxes?
A)Canada
B)United States
C)United Kingdom
D)France
E)Germany

Question

Quizplus · Accepted Answer

Among the given options, United States collect the smallest portion of its gross domestic product in taxes. As of 2020, the tax-to-GDP ratio in the US was 24.5%. In comparison, Canada's tax-to-GDP ratio was 32.2%, United Kingdom's was 33.5%, France's was 46.4%, and Germany's was 39.1%. Therefore, option B is the best choice.

Of the Following, Which Country Collects the Smallest Portion of Its