Tuesday, April 08, 2008

Difference Between Gross and Take Home Pay

The OECD publishes what is called the tax wedge and it shows you (essentially) the difference between gross salary and take home pay.


And while I know the US is in the middle of a self-inflicted housing bubble, but it should be no surprise that the likes of the US, Japan, and even more recently Mexico have historically trounced Europe on economic growth.

2 comments:

Ecclesiastes said...

Where would Ireland be on this list?

Mark said...

Well, not all of Europe. Switzerland's economy seems to do quite well, historically speaking.