Tax to GDP Ratio: 29% for the US and 50% for France

 

France's total tax collection for 2023 was was around 1.45 trillion euros with 2.822,455 million euros in GDP or tax of 50%. This revenue is collected by the central government, local governments, and social security associations. While the central government collects the majority of taxes, local governments and. This revenue is collected by the central government, local governments, and social security associations. While the central government collects the majority of taxes, local governments and

In the United States, total tax collections across all levels of government (federal, state, and local) amounted to approximately $6.8 trillion (23.681 trillion) GDP or 29%) in 2021, according to the Tax Policy Center. Federal tax revenue accounted for the largest share, roughly 64%, of this total, while state and local governments collected the remaining 36%. 

Breakdown of Tax Revenue by Level of Government:

• Federal: In 2021, the federal government collected just under $4.3 trillion in tax revenue. 
• State: State governments collected a total of $1.04 trillion in 2018, according to the TaxEDU by the Tax Foundation. 
• Local: Local governments collected $0.44 trillion in 2018.