4 ms·
And a very natural consequence is lowered living standards over time compared to Americans.
by seizethecheese 4y ago
And a very natural consequence is lowered living standards over time compared to Americans.
- westernpopular 4y agoBy what metric? I'm sure French people don't mind their work life balance, comparatively low inequality, long life expectancy, and good healthcare and infrastructure.
- propogandist 4y agoThe PTO my french teams have is incredible. The taxes they have to pay (about 50%) is horrendous.
- rozenmd 4y agoFrance uses a marginal tax system that stops at 45%, and it only applies on income above 169k euros. We do have to pay social contributions, but in total it's never been more than 30% of my salary.
- propogandist 4y agoMy colleague was telling me that the general health care system is not very good (unable to get instant attention), so it's typical to pay an extra premium for private health insurance also. He is well compensated, and I suspect he is on the top end of that marginal tax bracket.
- mym1990 4y agoQuality of life between the two is pretty darn close, and probably leans better towards France most of the time. GDP per capita is higher in the US, so Americans can have more stuff, but that's hardly an indication of a happy life. Obesity in America is 40%, and this leads to a host of other healthcare issues...which the healthcare system poorly addresses, either putting patients in massive debt or into drug loops.