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France is The Most HEAVILY TAXED Country in Developed world- Much Revenue is Via "Social" Taxes on the Middle Class

Posted By: RumorMail
Date: Monday, 7-Jan-2019 12:02:14
www.rumormill.news/114750

In Response To: All Hell Breaks Loose in France After Yellow Vest Movement Founder Arrested- Demand Traitor Macron Resign! (RumorMail)

Hey, someone has to pay for all the immigrants that are pouring into their countries (against the French and European Peoples will) ...

In France the people have recently begun recognizing what they call 'Tax and social Freedom Day.' This year is came on Friday July 27. In other words, French workers have to work up until that calendar date in order to start making money they can KEEP. Everything they have earned up until July 27th goes to the taxman.... THEFT by any other name (taxes levies etc) still stinks like crap...

PS ... Macron made millions as a Rothschild banker before his stint as El Presidente'

***********************************************
Rising number of wealthy French fleeing abroad because of exorbitant taxes!

https://www.france24.com/en/20150808-france-wealthy-flee-high-taxes-les-echos-figures

The Organization for Economic Cooperation and Development (OECD) released its annual Revenue Statistics report this week, and France topped the charts, with a tax take equal to 46.2% of GDP in 2017. That’s more than Denmark (46%), Sweden (44%) and Germany (37.5%), and far more than the OECD average (34.2%) or the U.S. (27.1%, which includes all levels of government).

France doesn’t collect that revenue in the ways you might think. Despite the stereotype of heavy European income taxes on the rich, Paris relies disproportionately on social-insurance, payroll and property taxes. Social taxes account for 37% of French revenue; the OECD average is 26%. Payroll and property taxes contribute 3% and 9%, compared to the OECD averages of 1% and 6%.

This is another reminder that rapacious states can’t support themselves solely with progressive income taxes. The rich aren’t rich enough to fund the modern welfare state’s ambitions, and their labor and wealth are too mobile to pin down in high-tax jurisdictions. The real money is in the middle class, whose labor income is far easier to tax, especially if the tax is disguised as a social “contribution.”

Then Europe adds a regressive consumption tax, the value-added tax. In France, VAT and other consumption taxes make up 24% of revenue, and that’s on the low side compared to an OECD average of 33%. Consumption taxes often fall hardest on the poor and middle class, who devote a greater proportion of their income to consumption.

These revenue raids on the middle class help to explain the furor over Mr. Macron’s fuel-tax self-destruction. Increases in charges on gasoline and diesel clobber the same rural and exurban French who already pay in so many other ways. Mr. Macron never campaigned on raising the fuel tax, but he imposed it anyway in the name of fighting [alleged catastrophic man caused] climate change and it could scupper his entire reform agenda, and perhaps his Presidency.

----

Before having €100 in actual purchasing power, the average employee in France has to first face €131 in charges and taxes.

It’s €119 for both Austria and Belgium whilst the EU average is €84.

In theory, the average French employee is among the best paid in the Union, an average salary of €56,815 placing it sixth.

But workers are so heavily taxed (56.73% in charges and tax on the full salary) that there remains only €24,582 in actual purchasing power, 11th in the EU.

For example, French employees are better paid than their Swedish or Danish counterparts, and yet they have 21 percent less purchasing power than the Swedes and 33 percent less than the Danes.

Social charges (€28,039) alone amount to more than French worker’s purchasing power.

https://www.thelocal.fr/20180727/france-still-most-taxed-country-in-euand-the-gap-is-widening

--


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