New method reveals international tax policy differences, impacting global economies.
The article presents a new way to calculate tax rates in different countries by looking at their national accounts and revenue data. By doing this, the researchers were able to figure out how much money is collected from different types of taxes and how these taxes affect people's incomes and spending. The results show that there are significant differences in tax policies between countries, which can impact how much people pay in taxes depending on where they live.