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Meaning of tax wedge | Babel Free

Noun CEFR B2

Definitions

The difference between the price that includes all taxes and the untaxed price of a good, particularly the difference between the employer's labour cost and the employee's take-home pay.

Equivalents

Deutsch Steuerkeil
Suomi verokiila
Italiano cuneo fiscale

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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