A new publication of the OECD Development Centre allows for the first time systematic comparison of the level and structure of taxes in Latin America and OECD countries, using the long-established OECD methodology. Latin America Revenue Statistics shows that tax revenues have been rising in Latin America in recent years. Excellent work!
Reaction to last night’s State of the Union address by President Obama, meanwhile, demonstrates that the issue of fiscal legitimacy is at least as relevant here as it is in the famously dysfunctional systems of Latin America. Our opposition party argues that being opposed to regressive rates of income taxation is equivalent to “class warfare,” “politics of envy” and “pitting one American against another.” Imagine that.
Hi Jeff,
Arn’t your elephants hilarious?
Take care (I resigned today), to run from 1/10 a consultancy…
Best wishes, Helmut
Watching the republican reactions to anything Obama says is enough to make you want to smack your head against a wall, but to comparing regressive tax rates to class warfare is just silly.
At least you’re debating it and not ignoring it like some…
Great Topic
Great Statistics
Hearing the word “class warefare” makes me want to punch someone. You get as many tax breaks as you can pay for in America. Fix the loopholes!