Professor Mark J. Perry's Blog for Economics and Finance
According to the CBO, total federal revenues grew by $625 billion, or 35%, between fiscal year 2003 and fiscal year 2006. Tax revenues as a percent of GDP have increased from 16.5% in 2003 to 18.4% in 2006 (see chart above, click to enlarge). 
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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