PARIS: Most governments in developed countries have begun squeezing more revenue out of workers after easing up during the 2008-2009 economic crisis, according to the Organisation for Economic Cooperation and Development (OECD).
The so-called tax wedge, the difference between the cost of employing a worker and that worker's take-home pay, rose last year in 26 out of 34 OECD countries, the Paris-based OECD said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
