Reforms in a few countries drive a decline in average OECD labour taxes
Income tax and social security contributions declined slightly for the average worker across the OECD in 2018, driven by major reforms in a handful of countries, according to a new OECD report. This was announced by the OECD with a press release dated 12 April 2019. Taxing Wages 2019 shows that the “tax wedge” – total taxes on labour costs paid by employees and employers, minus family benefits, as a ...