4 ms·
Come on, stop the French whining, and then maybe the French bashing will stop. I wont even comment the 71%, because any educated reader will understand that th
by byroot 13y ago
Come on, stop the French whining, and then maybe the French bashing will stop.
I wont even comment the 71%, because any educated reader will understand that theses taxes do not add up like that.
And even if it was true, a French engineer is still way cheaper than a SF one, especially once you want to provide health care and 401k. Added that since they whine all the time, French startups pay almost no taxes the first years.
The only reason why France do not have an important startup scene, is because French entrepreneur and investors are afraid of risk, and prefer to fund their companies with government subsidies.
- aragot 13y agoByroot, it's gross to reject an argument like that. Look: > I wont even comment the 71%, because any educated reader will understand that theses taxes do not add up like that. Emh, have you... done the calculation? Because I did. And I've found 71% for a scenario of 70k€. It's insulting to assume I've just been adding up percentages. And when I find 71%, it's enough to back my statement that we're plainly choking our companies. > The only reason (...) is because French entrepreneurs and investors are afraid of risk Requires citation, it's just an unbacked statement. You have to prove it's the genes and not the administrative burden that weighs on us. I say it's the administrative burden.
- byroot 13y ago> I've found 71% for a scenario of 70k€. It's not even clear what you are talking about. Anyway what I meant is that you are adding, VAT, income taxes and employment taxes, It makes no sense because they all have a different "Assiette fiscale" (sorry no idea of the translation, it mean that their cost are based on different amounts i.e. benefit vs revenue vs salaries). > Requires citation Xavier Niel: "France is a tax heaven" [0] Plus my own experience of parisian entrepreneurs / startups. Most of them are ramen profitable from the start just because of the R&D grants and other subsidies. [0] http://www.latribune.fr/technos-medias/20131011trib000790084/xavier-niel-a-sciences-po-la-france-est-un-paradis-fiscal-.html http://www.latribune.fr/technos-medias/20131011trib000790084...
- aragot 13y agoI need to work on a small infography to explain the figure with details. It would bring a better fact sheet to discuss about it. Good job on citing Xavier Niel. The tax+subsidies system still alters the profile of start-up that survives.