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widen tax brackets to smooth marginal rates

Taxing Work (and Saving) Well: Building a Competitive Individual Tax System

  How a country taxes work and saving shapes labor supply, entrepreneurship, and long-term investment. Competitive systems pair moderate top rates with sensible thresholds, keep the marginal tax wedge in check, avoid add-on surtaxes, and minimize the second layer of tax on dividends and capital gains. This guide sets out a practical reform blueprint—especially relevant...

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