Thus it is that a report in this newspaper, that the tax to GDP ratio will “improve” by rising in coming years, is something open to question. What should be noted though is that near no government spends more than about 20 per cent of GDP on actually doing things. It is also true that things which must happen -- that health care service -- can be funded in different ways. My native Britain taxes everyone, then the government actually produces the hospitals, doctors, and health care and pays for that from tax revenues. There, a tax-free savings account is assigned to everyone and this pays for their standard health care.

Source: Dhaka Tribune December 12, 2020 15:11 UTC