Key Findings
Average wage earners in the OECD have their take-home pay lowered by two major taxes: individual income and payroll (both employee and employer side).
Value-added (VAT) and sales taxes also place a tax burden on take-home pay used for consumption.
Before accounting for VAT and sales tax, the average tax burden a single average wage earner faced in the OECD was 34.6 percent of pretax earnings in 2020. The average OECD tax burden on labor has dropped 1.8 percentage points over the past two decades.
The average tax burden among OECD countries varies substantially. In 2020, a worker in Belgium faced a tax burden seven times higher than that of a Chilean worker.
SUPPORTING a council masterplan for the future of the former Cockenzie Power Station has becoming like “flogging a dead horse”, it was claimed this week. Cockenzie and Port Seton Community Council has backed East Lothian Council’s ‘visionary’ plan for the site since it was published nearly four years ago. The Cockenzie Masterplan was drawn up following public consultation at a cost of £150,000 but the local authority refused calls from the community council to adopt it, instead insisting it was a ‘visionary document’. Four years on, the site, which is owned by the council, remains undeveloped, with the only approved plans for the land a controversial substation, branded a “giant shed”, which will allow Inch Cape Offshore Limited to bring power from an offshore windfarm onto the land to feed into the National Grid.
CONCERN over the future of Cockenzie and Port Seton Gala was raised at a meeting of its community council after the committee revealed it had to delay its traditional picking ceremony. The annual gala, which includes a boat trip between the communities two harbours by the gala court, was cancelled last year due to the pandemic. And at a meeting of Cockenzie and Port Seton Community Council last week Pamela Fraser, from the gala committee said it was unlikely things would return to normal this year. She said the committee had been unable to pick this year s court because the traditional process required three people all in the same place to oversee it.
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CONSTRUCTION of a controversial substation at the former Cockenzie Power Station site could get under way next year. Representatives of Inch Cape, which is building the substation to bring energy onshore from its planned offshore wind farm, told a meeting of Cockenzie and Port Seton Community Council that work was expected to begin later next year or early in 2023. And they said that the company was encouraging contractors to use East Lothian firms where possible. Speaking to the virtual meeting, they said that using local suppliers was part of their ongoing discussions. They said: “We are saying to larger contractors where we know there is a supply chain locally we want them to use them as much as is practically possible.”