3 ms·
French private wealth has increased $2,300 billion since 2020 according to that page. In the last 5 years French public debt has grown $750b [1] Had that grow
by ta1243 1y ago
French private wealth has increased $2,300 billion since 2020 according to that page.
In the last 5 years French public debt has grown $750b [1]
Had that growth in wealth been taxed at the rate income was taxed (45%), that would have seen France's debt decrease - even with the covid mess.
[1] https://www.ceicdata.com/en/indicator/france/national-government-debt https://www.ceicdata.com/en/indicator/france/national-govern...