We pay more in taxes to support our local economy than in all other countries put together, according to a new report from the United States Chamber of Commerce.
The chamber’s study says we pay $2.1 trillion in taxes, including $2 trillion in federal and state taxes, as a share of our gross domestic product.
That’s an extra $3.3 trillion in the U.S. economy, more than in any other country combined.
The Chamber study says that while the U,S.
is the largest exporter of goods to other countries, we are also the largest recipient of federal, state and local aid, a category that includes unemployment insurance and education aid.
And we’re the biggest single recipient of aid for education, health care and infrastructure.
The American economy is not a simple basket case.
It’s a complex system that relies on the generosity of individuals, businesses, and governments.
And the data is clear that, in some ways, we’re doing better than other countries on a global scale.
But the American economy’s growing unevenly, according in part to the complexity of our economy and the nature of our national priorities.
The U.K. is a model, said James P. Johnson, president and CEO of the chamber.
He noted that its economy has grown faster than the U