Timeline for Is there any evaluation of solidarity tax impact in France?
Current License: CC BY-SA 3.0
9 events
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| Jul 19, 2017 at 11:47 | history | edited | Gwen | CC BY-SA 3.0 |
Removing unclear numbers.
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| Jul 19, 2017 at 9:05 | comment | added | Relaxed | A more even-handed way to present the same set of facts is that, in France, the rates of the income tax itself are low, direct income-related taxation is generally lower (in terms of overall revenue and compared to other taxes) and the highest marginal tax rate, while higher, is in the ballpark of other countries. When you look at it as a whole and realise that the highest rate only concerns very few very wealthy households, it's odd to single this out or to imply that France is very different from other European countries in this respect. | |
| Jul 19, 2017 at 9:02 | comment | added | Relaxed | That's not my point, 45% is the marginal tax rate. It's technically true to write that the tax rates tends towards this but it is still highly misleading. This 54.5% is also a marginal rate so it turns out that your earlier contention was flatly wrong and the current formulation is misleading for the same reason. Importantly, the actual source is this FIPECO, not the OECD (incidentally “OCDE” is French) and I cannot follow how they arrive at this exact number. | |
| Jul 19, 2017 at 7:45 | comment | added | Gwen | @Relaxed thanks for pointing that out, the 45% were with the CEHR included, that was not clear at all in my original phrasing, I hope it's better now. And, indeed, it's a raw approximation without any deduction. Please tell me if you see other issues. | |
| Jul 19, 2017 at 7:44 | history | edited | Gwen | CC BY-SA 3.0 |
Rephrasing and precisions
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| Jul 18, 2017 at 19:59 | comment | added | Relaxed | And just today, the TV was lamenting the fact that so few people paid income tax (using very confused reasoning and numbers but that's another topic) so basically the opposite problem. Historically, it's been rather low in France, with other things like the public pension and health insurance systems and other taxes like the VAT accounting for the relatively high level of government spending and/or revenue relative to the GDP (I am guessing that's what your 54.5% OECD figure refers to and that's not a tax rate at all and shouldn't be compared to one). | |
| Jul 18, 2017 at 19:56 | comment | added | Relaxed | (-1) This is highly misleading in the multiple way. 45% is the highest bracket of the income tax, very few people pay anything close to that rate. Even with a taxable income over €1M (which puts you among the 10000 richest households in France), you pay slightly over 42%. In fact, the tax rate for the highest bracket of income tax in France is identical to that of Germany, much lower than that of the Netherlands, etc. | |
| Jul 18, 2017 at 13:43 | review | First posts | |||
| Jul 18, 2017 at 13:52 | |||||
| Jul 18, 2017 at 13:39 | history | answered | Gwen | CC BY-SA 3.0 |