Meaning of tax wedge | Babel Free
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
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.