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You make paying 45% for France's system sound like a deal for a lifetime.
by vonvonschilling 8y ago
You make paying 45% for France's system sound like a deal for a lifetime.
- Joky 8y ago45% is only the (higher bracket) "federal taxes" (France isn't a federal country) that don't include all the welfare contributions which are taken from your salary (22% IIRC) and also the higher employer contributions. Edit, FYI: - 14% from 9 964 € to 27 519 € - 30% from 27 519 € to 73 779 € - 41% from 73 779 € to 156 244 € - 45% beyond 156 244 € And the table here for the social contribution that are taken out of your pay before the taxes above are applied: https://fr.wikipedia.org/wiki/Cotisations_sociales_en_France#Travailleurs_salariés https://fr.wikipedia.org/wiki/Cotisations_sociales_en_France...
- arcticbull 8y agoI left those out of my headline numbers too though.
- Joky 8y agoYeah I just clarified because of the part that said "for France's system", this part of the tax is not what's paying for the welfare part of the "system". According to https://argent.boursier.com/impots/analyses/ou-va-largent-de-vos-impots-743.html https://argent.boursier.com/impots/analyses/ou-va-largent-de... - 23.5% for tax credit for other people (i.e. think about solar panels, etc.) - 15.7% for primary/secondary education (i.e. from kindergarten to 12th) - 13.6% for counties and other local / regional structures. - 11.5% for interest on the debt. - 9.35% for the Defense budget. - 6.35% for Universities (education and research) => This is paying for ~ free education!! Probably the best deal in the French system compared to the USA. - 5% for Europe - 4.3% Police - 1.9% Judiciary