Rates have gone up and down (down overall at the federal level), but inflation-adjusted revenue is way up, and spending has increased even more than that.[1]
I grew up in California. You could see when Prop 13 capped property taxes in things like schools or libraries: everything built before it was nice but falling apart, everything built after it was designed to be cheap to build. They could try to bridge the gap with bonds but that was unreliable.