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The reasons for high unemployment in France are, I would suggest, more to do with how hard it is to fire people in France than taxes. If you know you'll be stuc
by tomatocracy 8y ago
The reasons for high unemployment in France are, I would suggest, more to do with how hard it is to fire people in France than taxes. If you know you'll be stuck with someone forever, you take the decision to hire much more seriously and you'd much rather ask an existing employee who's a known quantity to do more work instead (potentially even if you pay them more in raises than it would have cost to hire someone else).
Contrast that to e.g. Denmark where taxes are arguably higher but making redundancies/reducing workforce is not anything close to as hard or expensive for the employer.
- briandear 8y agoFair point; the French labor code is the problem, however taxes are related; the high cost of being stuck with someone is higher due to social charges and taxes. Reforming the labor code and lowering taxes would both make the employment market more liquid.
- arountheworld 8y agoIt is sad how any comment with a slight critique of socialism gathers downvotes of an army of champagne socialists... people of different views choose not to speak because they are afraid of being attacked. Shame that hacker news has become such an echo chamber for socialism.
- dang 8y agoPlease don't post ideological rants here.