From the Mirrlees review into designing tax systems: Despite some predictions to the contrary, countries are not being forced inexorably to tax less in an increasingly globalized and competitive world economy. Between 1975 and 2008, taxes rose as a proportion of national income in virtually every OECD country. On average, the tax take rose from
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LiberalDemocratVoice on 28th Dec 2011 (via libdemvoice.org)
The gap between the highest and lowest paid has grown more quickly in Britain than in any other advanced economy, an OECD study says
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FT on 7th Dec 2011 (via ft.com)
The divide between the wages of the rich and the poor is growing in nearly all of the world's leading economies, according to think tank the OECD.
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BBCPolitics on 5th Dec 2011 (via bbc.co.uk)
The OECD yesterday slashed its forecast for eurozone economic growth in 2012 to just 0.2%, stating that the eurozone already “appears to be in a mild recession”. OECD Chief Economist Pier Carlo Padoan said, “The eurozone must urgently take stronger measures…The ECB should buy bonds, and set a limit to yields or a floor to bond value.
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OpenEurope on 30th Nov 2011 (via openeurope.org.uk)
Strikes, Olympic boycotts and obesity league tables — it's a dreary set of newspaper front covers this morning. But none of them are quite so dreary as the Telegraph's, which speaks of ‘The return of recession’. According to their story, the OECD has told ministers that its latest set of forecasts, released on Monday, will have the UK economy shrinking for the first six...
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Spectator on 26th Nov 2011 (via spectator.co.uk)
Ministers shocked as Organisation for Economic Development and Cooperation predicts UK economy will fall back into negative growth in first six months of 2012 due to euro crisis.
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Telegraph on 25th Nov 2011 (via telegraph.feedsportal.com)