Examples of 'tax wedge' in a sentence
Meaning of "tax wedge"
The tax wedge refers to the difference between the before-tax and after-tax wages of an employee. It represents the portion of an employee's earnings that is taken out by taxes and social security contributions, effectively reducing their take-home pay. The tax wedge is commonly used as an indicator of the overall tax burden faced by employees and can vary significantly between different countries and tax systems
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- difference between the price that includes all taxes and the untaxed price of a good, particularly the difference between the employer's labour cost and the employee's take-home pay
How to use "tax wedge" in a sentence
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tax wedge
The tax wedge has a similar effect.
Wage subsidies and tax wedge reduction.
Tax wedge on labour costs.
An alternative is to reduce the tax wedge on services purchases.
Tax wedge on labour cost.
The size of the tax wedge is also important here.
Evaluate tax reform with a view to reducing high tax wedge.
The high tax wedge on labour further adds to labour costs.
Main measures in DBP to address tax wedge CSRs.
The overall tax wedge is high in particular for persons on low wages.
Main measures in DBP to address the tax wedge.
Labour tax wedge.
The tax wedge is the share of employee earnings taken by the government.
Continue efforts to reduce the tax wedge on labour and discourage early retirement.
The tax wedge on labour is very high and unemployment and inactivity traps are pervasive.
See also
The Nordic model is also characterised by a high tax wedge.
Reducing the tax wedge on labour on the lower paid and tax shifting.
This effect will be most visible in Member States with a high tax wedge.
The estimates of the tax wedge are derived here from two different models.
High nonwage costs are reflected in the scale of the tax wedge within Europe.
The overall tax wedge is high especially for middle and low wage earners.
Very few Member States have succeeded in lowering the total labour tax wedge.
Reducing the tax wedge may require a substantial increase in the rate of environmental taxes.
Scale back survivors ' pensions to reduce the labour tax wedge.
The tax wedge remains high in many Member States.
Efforts to reduce non-wage labour costs and to review the tax wedge.
The average tax wedge in Austria is among the highest in the EU.
Further reduce sector-specific taxes and reduce the tax wedge for low-income earners.
Marginal tax wedge on labour along the income ladder1.
E, Equilibrium level before increase in the tax wedge j.
Decomposition of tax wedge - couple with children.
Tax wedge at micro level, taxes on labour at different earnings levels.
Reduction in the tax wedge on low-skilled workers.
The tax wedge between what employers pay and what employees receive is, therefore, substantial.
No measures to reduce the tax wedge for the low-skilled have been adopted.
The tax wedge will therefore remain a barrier to increasing formal employment among the low-skilled.
High non-wage labour costs and a high tax wedge are a major impediment to employment.
Average tax wedge for a low-paid couple taxes and social contributions.
Efforts have been made to reduce the tax wedge for the low-paid long-term unemployed.
The labour tax wedge for low-income earners is still high, especially for those without children.
The typical worker receives only 40 % of his income after the tax wedge.
Reduce the tax wedge for low-income workers.
The typical worker receives 40 % of his or her labour costs after the tax wedge.
Average tax wedge for a low-paid single earner.
Belgium also has the second highest tax wedge for households with one earner and 2 children.
The tax wedge on single low-income earners is one of the highest in the EU.
When the thresholds were changed, the average tax wedge dropped by more than 2.5percentage points.
Reduce the tax wedge for low-paid workers and adapt the benefit system.
Chart 1:The Hungarian tax wedge in internationalcomparison.
The tax wedge for lower income earners remains high ( 40 % ) relative to other European countries.
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