NZers among the lowest taxed in OECD

Discussion in 'Economics and Finance' started by Aptrgangr, Apr 17, 2017.

  1. Aptrgangr nulla crux, nulla corona

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    NZers among the lowest taxed in OECD

    New Zealand wage earners are among the most lightly taxed in the developed world.

    The Organisation for Economic Cooperation and Development (OECD) compared the tax burden on job holders in 35 countries, measuring the gap between what a worker gets paid and what they are left after taxes and benefits.

    It found workers in New Zealand and Chile were taxed the least, and those in Belgium and France among the most.

    "We are among the lowest taxed countries in the OECD. The worst offenders for high taxation are mainly in Europe, and Western European economies," New Zealand Initiative executive director Oliver Hartwich said.

    "And if you just compare how much they are taxed compared to what we get here, it makes you feel all the more better to be in New Zealand."

    The report found a single worker earning an average wage in Belgium paid a tax rate of 54 percent, three times higher than the average worker in New Zealand, at 17.9 percent.(...)

    http://www.radionz.co.nz/news/business/328952/nzers-among-the-lowest-taxed-in-oecd
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  2. WFHermans Forum Veteran

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    Best Korea has 0 percent tax rate. I know their socialist government simply substracts the taxes it wants from the salary it pays, but still.
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  3. Angroid CyberSperg 1138

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    Sheep, earthquakes, drunken violent Polynesians, in the middle of nowhere and the new must have Nukular Apocalypse bolt-hole address for Silicone Valley billionaires. Not entirely convinced about the place. :lol:

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