... started toTHE DESIGN OF THE TAX SYSTEM243246 PART FOUR THE ECONOMICS OF THE PUBLIC SECTORTHE FEDERAL GOVERNMENTThe U.S. federal government collects about two-thirds of the taxes in our economy.It ... $6,639 100%SOURCE: Economic Report of the President, 1999, table B-80.248 PART FOUR THE ECONOMICS OF THE PUBLIC SECTORMedicare, the next category in Table 1 2-4 , is the government’s health plan ... capability of American producersrelative to that of foreign firms. Is this argumentconsistent with your classification of basic researchin part (a)? (Hint: Can excludability apply to somepotential...