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.
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Tsai Ing-wen, Taiwan s democratically elected President (Image: GETTY)
Ketian Zhang, an Assistant Professor at George Mason University s Schar School of Policy and Government, underlined China’s hardline stance on the issue in an interview with Express.co.uk last year.
She said: I would say the tension surrounding Taiwan has worsened since Trump took office, and the worsening of cross-strait relations is a gradual process. China does have a red line, which is that Taiwan should not declare de jure independence. If it does so, it is highly likely that China will resort to the use of force.
China s military power in numbers (Image: Express)
US News: China on Thursday warned the United States would pay a "heavy price" if its United Nations Ambassador Kelly Craft made good on plans to travel to Taiw
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