4 ms·
>France is somewhat higher at 57%. This is only taxes (income tax + employee share of all social taxes) visible to the employee. If you factor in employer shar
by jbn 4y ago
>France is somewhat higher at 57%.
This is only taxes (income tax + employee share of all social taxes) visible to the employee. If you factor in employer share (which really really does not belong to the employer, it's really the "socialized" fraction of the employee's salary... yet it's not reported that way in France), then taxation in France is much higher (only second to Denmark, I believe).
So income tax is not what we should be looking at, but all mandatory withholding (even those that aren't named "taxes", though it is what they are!). The net effect is that 100K salary in the US costs 125K to the employer, whereas 100K cost more like 180K in France (use https://entreprise.pole-emploi.fr/cout-salarie/ https://entreprise.pole-emploi.fr/cout-salarie/ to see this).. and of course the fraction retained by government goes higher if salary goes higher.
Not saying this is a bad thing, just pointing out that the comparison of income between US and France as shown in the media is really biased and underestimates the French situation.