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by sheepmullet 3123 days ago
> That yields as a minimum $97T in tax revenue per year

Total US GDP for 2016 was ~$18T.

It seems a bit unrealistic to me to think we can get 5x GDP in tax revenue each year.

So what is the catch?

1 comments

The catch is that my math is wrong and I meant $97B. Thanks for the gut-check.

I'm still interested in doing or seeing an analysis with the full Fed dataset.