Trends in Top Incomes and their Taxation in OECD Countries | OECD READ edition

English: OECD members Accession candidate coun...

English: OECD members Accession candidate countries Enhanced engagement countries (Photo credit: Wikipedia)

English: Income inequality in the United State...

English: Income inequality in the United States, 1979-2007 (Photo credit: Wikipedia)

This working paper published by OECD is well worth a read. Check it out!

via Trends in Top Incomes and their Taxation in OECD Countries | OECD READ edition.

The graphs, in the paper, highlighs income inequality in both the US and the UK being significantly ahead of other leading countries.

Personally, I believe that income inequality has become more acute since the financial crisis of 2008. The wealthy have seen their wealth rebound since 2008 but the working and middle classes have been severely squeezed by excessive austerity.

Any thoughts?

 

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Soapbox: SMEs are missing out on export sales because they can’t communicate in other languages, says Jim Hart – Telegraph

This is an excellent , MUST-READ article. Check it out!

via Soapbox: SMEs are missing out on export sales because they can’t communicate in other languages, says Jim Hart – Telegraph.

Personally, I feel passionate about learning foreign languages and obtaining first hand experience living and working overseas.

Surely, it makes sense for the Chancellor to offer generous tax concessions for people working overseas, and learning foreign languages, especially learning languages overseas? What about encouraging millennials to spend time in China as English teachers?

Any thoughts?

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