"What will I GET for my taxes?"

The overall fraction of GDP that gets collected in taxes doesn't change much. People change their behaviors in response.

https://fred.stlouisfed.org/graph/fredgraph.png?g=xXhc

So we've been bouncing between 7 and 12% for the last couple of decades. Let's say history is completely wrong, people roll over for tax hikes, and the net rate goes up to 15%. There still isn't enough to cover expenditures and the deficit grows.

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