When it comes to taxes, Americans don't shoulder as heavy of a burden as those in other advanced countries. But that kind of tax relief doesn't come without compromises. Overall, total taxes collected in 2023 made up 25.2% of the US GDP. That's lower than the 33.9% average for countries in the Organization for Economic Cooperation and Development and far lower than the more than 40% tax-to-GDP ratio found in nine European countries. https://finance.yahoo.com/news/the-big-tax-americans-dont-pay--and-what-we-give-up-in-exchange-110013667.html