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The tax wedge is the ratio of total labor taxes to total labor costs. It is often lower for families with children and single parents with children than for individuals or couples without children. The tax wedge has an impact on employment growth.

Data

Household Tax Rates

The tax wedge is the ratio of total labor taxes to total labor costs. It is often lower for families with children and single parents with children than for individuals or couples without children. The tax wedge has an impact on employment growth.

Data

Personal Income Tax Rates

The OECD defines tax as a compulsory unrequited payment to the government. A taxable base is the base amount on which the tax rate is applied—such as corporate income, personal income, or property.

Data

Countries by Income Group

Major international organizations classify countries by different factors. One criterion that is often used is gross national income (GNI) per capita – the dollar value of a country’s final income in a year, divided by its population

Banking

Bernanke Speaks Out In New Book

United States: Former US Federal Reserve chairman Ben Bernanke lashed out at what he described as a do-nothing Congress in his new memoir, Courage to Act.

Awards

Biggest Global Banks 2015

Chinese banks are assuming an increasingly important position among the world’s biggest banks. But European banks are still the largest geographic grouping in our rankings.
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