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1 Kyle Pomerleau, A Comparison of the Tax Burden on Labor in the OECD 1 (2014)

handle is hein.taxfoundation/taxfaae0001 and id is 1 raw text is: TAX(% FOUNDATION A Comparison of the Tax Burden on Labor in the OECD Jun. 2014 By Kyle Pormerleau No. 434 Economist Key Findings * Average wage earners in the United States face two major taxes: the individual income tax and the payroll tax (levied on both the employee and the employer). * Although a little more than half of a worker's payroll tax burden is paid by his employer, the worker ultimately pays this tax through lower take-home pay. * The total tax burden faced by wage earners in the United States is 31.3 percent of their pre-tax earnings, paying $16,658 in taxes in 2013, with $8,196 in individual income taxes and $8,462 in payroll taxes. * In the absence of income and payroll taxes and the benefits they provide, the average worker would take home nearly $5,000 in additional annual income for a total of $53,223. * The total tax burden faced by average U.S. workers is the 26th highest in the OECD, below the 34 country average of 36 percent. * Many OECD countries have high payroll taxes, such as France, which places a payroll tax burden of 38.5 percent on average workers. * In some countries, over 50 percent of a worker's total tax burden is paid by their employer.