Vietnam ranks 38 out tai bet88 164 countries in tax progressivity

Vietnam ranks 38th out tai bet88 164 countries in terms tai bet88 tax progressivity in the Commitment to Reducing Inequality (CRI) Index 2024 released by the Oxfam International and the Development Finance International on October 21.

The index ranks 164 governments across three pillars tai bet88 public services, tax, and workers' rights - policies central to reducing inequality.

Regarding public services spending and labor rights and wages, Vietnam ranks 103th and 120th respectively.

Vietnam gained improvements in building and implementing some policies, particularly State budget spending on education and its policy tai bet88 reducing value-added tax (VAT), according to the report.

Overall, Vietnam ranked 94 out tai bet88 164 countries in this year’s CRI ranking.

This year’s edition shows that, for the first time since the Index began in 2017, the majority tai bet88 countries are backsliding across all the three critical areas.

Overall, 84% tai bet88 countries have cut investment in education, health and social protection, 81% weakened their tax systems’ ability to reduce inequality, and in 90% tai bet88 them, labor rights and minimum wages have worsened.