The OECD has announced the release of two new reports assessing tax levels and consumption tax trends across OECD countries, finding that average tax revenues remain steady as spending pressures grow. --- Average tax revenues in the OECD remain steady as spending pressures grow The average level of tax revenues among OECD countries was largely unchanged in 2023 as governments sought to ease cost-of-living pressures amid growing spending challenges related to climate change and ageing populations, according to a new report released today. Revenue Statistics 2024 shows that the average tax-to-GDP ratio for OECD countries was 33.9% in 2023, 0.1 percentage points...