You left out deficit. 2016 fed spending was 21.4% of GDP.
Posted on: March 12, 2018 at 14:33:28 CT
RHAYWORTH MU
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Spent 3.54 trillion dollars, out of 16.6 GDP.
21.4%. Let's not forget about another %1.2 trillion in state taxes. 28.7%.
So, with sales taxes, city taxes, govt spending is 30% of our GDP.