Despite appearances regarding Canada’s 1st place spot, it is interesting to note that:
- “Canada’s net taxation was 33.4% of GDP in the last year there is data for, while the US’s was 28.2%, both significantly lower than the mid 40%’s to 50%’s common in Europe.
- Government spending in Canada was 39.3% of GDP in Canada and 36.7% of GDP in the US. This smaller difference than revenues indicates that the US government operates further in the red, which is true. Canada has had a federal surplus every year since the 1990s, while the US has had a surplus in 2 years (1999 and 2000) since 1968. (sources: 1, 2)”
I don’t have data on hand, but it would be interesting to compare with Germany — which is sitting just below the OECD average, and also with Sweden and Australia against Canadian or American figures and factors.