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Band 8+: The table below gives the information about the amount of tax collected (as % of GDP) in five countries for 4 years between 1975 and 2005

Image for topic: The table below gives the information about the amount of tax collected (as % of GDP) in five countries for 4 years between 1975 and 2005
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The image presents a table showing tax collected as a percentage of GDP across five countries in four selected years: 1975, 1985, 1995, and 2005. In 1975, Sweden is at 46%, USA at 25.1%, Korea at 15.1%, Japan at 10.5%, and Turkey at 16.4%. By 1985, the figures are Sweden 47%, USA 25.4%, Korea 17%, Japan 16%, and Turkey 15%. In 1995, Sweden reaches 51%, USA 27.1%, Korea 26%, Japan 23%, and Turkey at 24%. For 2005, Sweden is at 70.1%, USA 27.4%, Korea 30.4%, Japan 32.1%, and Turkey 27.4%.
Given the complexity of the image, the above description may not be entirely accurate.
Note: Both the topic and the answer were created by one of our users.

The table compares tax revenue as a percentage of GDP across five nations, namely Sweden, the USA, Korea, Japan, and Turkey, from 1975 to 2005.

Overall, the amount of tax collected in all countries increased throughout the period. Notably, the figure for Sweden consistently recorded the largest rates, while that for Japan remained the lowest in most years.

In 1975, the level of taxation in Sweden stood at 46%. In the following years, this number surged to reach a peak of 70.1% in 2005. Similarly, tax revenue in Japan and the USA underwent consistent growth. While the former figure increased sharply, from 15% in 1975 to 32.1% in 2005, the latter figure rose more slowly, from 25.1% to 27.4% during the same period.

By contrast, tax revenue in Korea experienced a fluctuating pattern, ranging from 15.1% to 27.3%. On the other hand, tax collection accounted for 16.4% of Turkey’s GDP in 1975. Although there was a modest drop to 15% in 1985, this number then increased steadily, reaching 27.4% by the end of the period

Word Count: 175

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