“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
Related posts:
Euro Zone to Hike Bailout Fund to 2 Trillion Euros
A brand-new $34 million U.S. military headquarters in Afghanistan. And nobody to use it.
Britain considers recruiting convicted computer hackers for cyber-defense
Germany's top publisher bows to Google in news licensing row
Three Ways to NOT Pay Taxes... Legally
Pueblo Chieftain Excludes Independent Candidate From Debates
Irish Bitcoin Association calls for Central Bank to regulate BitCoin
U.S. special forces suspends training of Afghans
Brewington case focuses First Amendment attention on Indiana
IRS apologizes after seizures hammer small businesses
Bitcoin’s Washington problem
Navy Radio System Blamed For Crippling Garage Doors
Is this one of the world's most expensive suits, at HK$1 million?
Bitcoin endorsed by top hedge fund manager
Alleged Silk Road Creator's Lawyer Defended Gitmo Detainee, NSA Target