Taxing Wages 2023: Double blow for workers as inflation drives real wages down and labour taxes up
Tuesday April 25, 2023, the report ‘Taxing Wages 2023 - Indexation of Labour Taxation and Benefits in OECD Countries’ was released. Taxing Wages 2023 enables cross-country comparisons of labour costs and the overall tax and benefit position across the OECD. It analyses income tax paid by employees, cash benefits received by in-work families and the associated social security contributions and payroll taxes made by employees and employers, which are key factors ...
Labour taxation rebounding as global economy recovers from COVID-19 pandemic
Effective tax rates on labour rebounded in 2021 as the global economy recovered and many countries began withdrawing or scaling back measures implemented in response to the COVID-19 pandemic, according to a new OECD report ‘Taxing Wages 2022’. This has been announced on 6 May 2022 with a news release on the website of the OECD. Further from the news release: Taxing Wages 2022 provides cross-country comparative data on income tax ...
New OECD data provides a baseline for measuring the impact of COVID-19 on labour taxes
Labour taxes on the average worker across OECD countries continued to decline for the sixth consecutive year in 2019, according to a new OECD report. This was announced with a press release on the website of the OECD in guidance of the release of the report “Taxing Wages 2020”. From the press release: Taxing Wages 2020 shows that the “tax wedge” – total taxes on labour costs paid by employees ...