Taxation/Addendum: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>Nick Gardner
imported>Nick Gardner
Line 37: Line 37:


==The [[tax wedge]]  ==
==The [[tax wedge]]  ==
% of total labour costs, 2008
taxation as a percentage  of total labour costs, 2008
:::{|class = "wikitable"
:::{|class = "wikitable"
!align="center"|     Japan     
!align="center"|     Japan     

Revision as of 03:48, 20 January 2010

This article is a stub and thus not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
Tutorials [?]
Addendum [?]
 
This addendum is a continuation of the article Taxation.

The burden of taxation

(Tax revenues  % of GDP)

     Japan            Italy           France       Germany    United States United Kingdom       OECD      
1985 27.5 33.6 42.8 36.1 25.6 37.6 32.7
2007 27.9* 43.3 43.6 36.2 28.3 36.6 39.8*
* 2006

(Source OECD revenue statistics (2008))

The tax wedge

taxation as a percentage of total labour costs, 2008

     Japan            Italy           France       Germany    United States United Kingdom
29.5 46.5 49.3 52 30.1 32.8

(Source: OECD Taxing Wages 2007/2008 [1]

The changing composition of taxation

OECD averages, % of total tax receipts

  1965     1985     2006  
Personal income tax 30 30 25
Corporation income tax 9 8 11
Employees' social security contributions 6 7 9
Employers' social security contributions 10 13 15
Payroll tax 1 1 1
General consumption tax 14 16 19
Specific consumption taxes 24 16 11

(Source:OECD (2008) Revenue Statistics )

High-earners' marginal tax rates

(marginal rates for employees earning 250% of average earnings - percent)

      Italy           France       Sweden    United States United Kingdom
1981/2 13.5 22.5 44.0 27.6 12.5
2005/6 16.0 15.3 25.0 13.0 18.0

|}