Countries

Taxing wages: how taxes affect the disposable income of workers and wage costs of employers in OECD countries

Every worker and employer is directly affected by taxes on wages. Taxation is one of the principal ways we finance public services. It also helps us achieve important social objectives, such as redistributing wealth to address inequalities. But as the OECD’s annual Taxing Wages points out, tax policies on labour income may have an impact(…)

President Trump Is Suspending a Refugee Program and Banning Visas From 7 Countries

President Trump Friday signed an executive order suspending the State Department’s Refugee Assistance Program and visa entry from Iraq, Syria and five other countries, saying they are “detrimental to the interests of the United States.” The order, which has been widely anticipated, broadly follows the president’s campaign pledge to suspend immigration from several Muslim-majority countries(…)

Countries Reach Landmark Deal to Limit Global Warming From Air Conditioners

More than 170 countries agreed early Saturday morning to limit emissions of key climate change-causing pollutants found in air conditioners, a significant step in the international effort to keep global warming from reaching catastrophic levels. The deal reached in Kigali, Rwanda, comes after years of wrangling over HFCs—short for hydrofluorocarbons—and could on its own prevent(…)