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How much in taxes can we afford?

That’s often the question at state legislative sessions – certainly those in the Northwest – though it’s usually stated as a definitive answer: We can’t afford more taxes!

That’s posed as a purely emotional or ideological statement, of course. Surely there’s some reasonable range for taxes as a piece of our economy, and some point at which they’re demonstrably too high – too disruptive of the flow of money in the economy. But what exactly that is, doesn’t get much mention.

Meantime, there’s a neat chart on the Seattle Slog showing the portion of the overall economy taxes in Washington state consume. Take a look. The trend lines aren’t what you might expect.

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