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Thursday, January 12, 2006

Taxes and Disposable Income of Workers in OECD Countries

OECD in Figures - 2005 Edition
(data for 2002)
Disposable Income of the Average Production Worker
(% of Gross Pay)
Total Tax as % of GDP Highest Personal Tax Rate Highest Corporate Tax rate Single Married with Two Children
Australia 31.5 48.5 30.0 76.0 84.4
Austria 44.0 42.9 34.0 71.4 91.1
Belgium 46.4 47.4 40.2 58.8 79.0
Canada 33.9 46.4 38.6 75.6 85.7
Czech Republic 39.3 28.0 31.0 77.1 101.9
Denmark 48.9 54.4 30.0 57.7 70.3
Finland 45.9 51.8 29.0 68.5 77.2
France 44.0 40.0 35.4 73.2 85.4
Germany 36.0 51.2 38.9 59.0 81.7
Greece 35.9 33.6 35.0 83.7 83.2
Hungary 38.3 56.0 18.0 70.6 91.5
Iceland 38.1 44.0 18.0 74.9 95.3
Ireland 28.4 42.0 16.0 83.6 120.7
Italy 42.6 41.4 36.0 71.7 85.1
Japan 25.8 47.2 40.9 80.7 84.9
Korea 24.4 36.7 29.7 91.1 91.7
Luxembourg 41.8 33.9 30.4 77.9 103.0
Mexico 18.1 35.0 35.0 96.3 96.3
Netherlands 39.2 52.0 34.5 71.4 82.9
New Zealand 34.9 39.0 33.0 79.9 81.2
Norway 43.5 47.5 28.0 71.2 82.0
Poland 32.6 26.2 28.0 68.9 70.8
Portugal 33.9 35.6 33.0 83.5 94.6
Slovak Republic 33.1 33.1 25.0 81.3 99.1
Spain 35.6 48.0 35.0 80.7 89.5
Sweden 50.2 55.5 28.0 69.6 79.2
Switzerland 30.3 34.0 24.4 78.6 91.4
Turkey 31.1 40.6 33.0 69.9 69.9
United Kingdom 35.8 40.0 30.0 76.8 90.1
United States 26.4 45.2 39.3 75.7 88.5
EU average 40.6 44.6 32.4 72.5 86.2
OECD average 36.3 42.6 31.2 75.2 86.9

Notes: International comparisons should also take into account differences among countries in the length of tax brackets, the amount of tax relief and rates of social security contributions. The highest rate of income tax includes temporary special surcharges. All rates include rates of state and local income taxes as reported in the OECD Tax Database. Family income is one-earner family. Takes account of family allowances and/or tax reliefs.

    Posted by on Thursday, January 12, 2006 at 12:15 AM in Economics, Taxes | Permalink  TrackBack (1)  Comments (7)

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