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OECD calls for higher property taxes to fight debt
OECD calls for higher property taxes to fight debt

The OECD slightly raised its world economic growth forecast for 2024 on Wednesday but called for higher property and environmental taxes to combat soaring debt in many countries. "On the revenue side, efforts to eliminate distortive tax expenditures and enhance revenues from indirect, environmental and property taxes are called for in many countries," the organisation said.