Middle class hit hardest by payroll tax burden due to wage inequality.
The article shows that using average wage increases instead of median wage increases to calculate payroll taxes has led to higher tax burdens on low and middle-income earners.
Latvia aims to boost tax revenues for increased defense and social investments.
Colombia's Fiscal Policy Overhaul Could Drastically Reduce Income Inequality
China's Income Tax Reform Promises Fairness and Efficiency in Economy