About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 Jose Trejos & Kyle Pomerleau, A Comparison of the Tax Burden on Labor in the OECD, 2017 1 (2017)

handle is hein.taxfoundation/cotxbulab0001 and id is 1 raw text is: FISCAL FACT No. 557 Aug. 2017 A Comparison of the Tax Burden on Labor in the OECD, 2017 Jose Trejos Research Assistant Kyle Pomerleau Economist, Director of Federal Projects The Tax Foundation is the nation's leading independent tax policy research organization. Since 1937, our research, analysis, and experts have informed smarter tax policy at the federal, state, and local levels. We are a 501(c)(3) non profit organization. ©2017 Tax Foundation Distributed under Creative Commons CC BY NC 4.0 Editor, Rachel Shuster Designer, Dan Carvajal Tax Foundation 1325 G Street, NW, Suite 950 Washington, DC 20005 202.464.6200 taxfoundation.org Key Findings: Average wage earners in the United States face two major taxes: the individual income tax and the payroll tax (levied on both the employee and the employer). Although a little more than half of a U.S. worker's payroll tax burden is paid by his employer, the worker ultimately pays this tax through lower take-home pay. The total tax burden faced by average wage earners in the United States is 31.7 percent of their pretax earnings, paying $18,062 in taxes in 2016, with $9,629 in individual income taxes and $8,432 in payroll taxes. The total tax burden faced by average U.S. workers is the 26th highest in the OECD, below the 35-country average of 36 percent. I Many OECD countries have high payroll taxes, such as France, which places the highest payroll tax burden of 37.3 percent on average workers. In some countries, over 50 percent of workers' total tax burden is paid by their employers. The tax burden for families in OECD countries is 26.1 percent lower on average than the tax burden on single, childless workers

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most