Tax-Free-Salaried OECD Calls For ‘Income Inequality’ Tax Overhaul

“The Organization for Economic Cooperation and Development Wednesday called for an overhaul of the tax system in developed economies to ensure the very rich pay a large share of their incomes, and help limit or roll back the sharp increase in income inequality that has occurred over recent decades.  The Paris-based research body said governments should consider abolishing deductions and exemptions that are disproportionately favorable to high earners, taxing forms of remuneration such as stock options in the same way as wages, and raising a greater share of the total tax take from charges on real estate.”

http://online.wsj.com/news/articles/SB10001424052702303678404579533202077342892

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