The OECD has issued a release announcing the publication of its report Taxing Wages 2020, which is an annual publication providing details of taxes paid on wages in OECD countries, including coverage of personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by workers. Key findings as per the release include the following:
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Key findings from Taxing Wages 2020
Tax wedges…