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OECD income tax burden falls

Workers in most OECD countries saw their income tax burdens fall last year, according to new figures.
Workers in most OECD countries saw their income tax burdens fall last year, according to new figures.

 The average Australian income tax and social security burdens fell slightly last year, statistics have shown.

In 24 out of 30 Organisation for Economic Co-operation and Development (OECD) countries this was the case, although whether the trend will continue during 2010 is not known.

"Lower taxes on labour can help to boost recovery, but only as part of a broader, balanced package," commented OECD secretary-general Angel Gurría.

The latest edition of the OECD's annual publication Taxing Wages revealed that many countries cut income taxes, especially for lower-income households and those with children.

Some also reduced employer social security contributions in a bid to encourage them to retain employees during the economic difficulties.
- tax, income, OECD

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