The Department of Numbers has an interesting set of charts looking at Tax Revenue as a Fraction of GDP.
You should go to Dept of #s to read the commentary explaining the hows and whys, but meanwhile, see these charts — I added a (ballpark) mean to both series:
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Total US Tax Revenue as a Percentage of GDP (~16.5%)
US Tax Revenue as a Fraction of GDP by Component
(Corporate Tax falls from >4% to ~2%)
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