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In Italy, wages are among the lowest in the OECD, behind even Spain and Ireland. The wedge rises to 47,6%

In 2011, the average net salary of a single person with no dependent children in Italy, at the current exchange rate, stood at 25.160 dollars net – We are in twenty-third place: behind the big Europeans, but also behind Spain and Ireland – The wedge tax rises to 47,6% and in 2011 was only surpassed by Hungary.

In Italy, wages are among the lowest in the OECD, behind even Spain and Ireland. The wedge rises to 47,6%

in 2011 Italy is confirmed at the bottom of the OECD wage ranking within the Taxing wages report. Indeed, our country even slips back one position, moving to twenty-third place from twenty-second in 2011. Out of 34 member countries, it is not only behind all the big Europeans, but also behind Spain and Ireland.

These are the numbers: in Italy the average net salary of a single person with no dependent children stood at 25.160 dollars (about 19.47 euros) at the current exchange rate, against an OECD average of 27.111 dollars (20.632 euros). Spain (21.111 euros) and Ireland (24.208 euros) and all the other major European countries remain above the OECD average: France (22.677 euros), Germany (25.128 euros) and Great Britain (29643 euros).

The distance with the European average is reduced when it comes to gross salary, which was 36.361 (27.671 euros), against an average of 36.396 (27.698 euros). The weight of payroll taxes therefore remains high, with the weight of tax wedge which in 2011 increased to 47,6% from 47,2% in 2010. A figure which compares with the OECD average of 35,3%.

Italy thus places itself in sixth place in the standings, gaining a position only thanks to overtaking Hungary, which filed a tax burden on wages of 2011% in 49,4. This is the ranking of the top five positions by tax burden: Belgium (55,5%), Germany (49,8%), Hungary (49,4%), France (49,4%) and Austria (48,4 per cent ).

 

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