Which matters more to the incentive effects of income tax? @JordNZ

image

Data extracted on 08 Apr 2017 01:20 UTC (GMT) from OECD.Stat.

Advertisements

So New Zealanders do not pay much income tax @TaxpayersUnion

image

Data extracted on 08 Apr 2017 01:20 UTC (GMT) from OECD.Stat

Income tax plus employee Social Security contributions less tax benefits by family structure in the US, Britain, Canada, Germany, Italy, Denmark, France, Sweden, Australia and New Zealand

Those sensitive and caring northern European welfare states do tax families rather heavily even after accounting for family cash benefits.

image

Source: Taxing Wages 2015 – OECD 2015.

New Zealand 2000, 2007 and 2014 all-in average personal income tax rates at average wage by family type

In work tax credits for families in Working For Families certainly makes a difference to the after-tax, after government transfers living standards of the family on an average wage.

image

Data extracted on 25 Jan 2016 01:07 UTC (GMT) from OECD.Stat.

All in less cash transfers average income tax rates at average wage, USA, UK, Australia and New Zealand

Figure 1: All in less cash transfers average income tax rates at average wage, 2014

image

Source: OECD tax database