By James Kwak
Over in the less-prestigious and less-well-paid online section of the Times, Bruce Bartlett has a good column on the comparative tax burden across advanced economies. He makes the point that one reason European taxes look higher is that we provide subsidies through the tax code while they do it through spending programs like family allowances — another example of how aggregate statistics are distorted by calling something a “tax credit” as opposed to “spending.” His other main point is that the main substantive reason why we pay lower taxes is that we pay for less of our health care spending through the government — and that isn’t working out so well for us.
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