alt Hacker NewsQuite terrifying that this appears to be a sincere comment. The top marginal tax rate on French nationals including CEHR is over 55%. The country spends ~60% of its GDP, almost 10% higher than the European average, let alone the average worldwide.
Could you elaborate how France is "giving all the money to billionaires"?
Replies
quadrige • yesterday at 8:46 PM
That's quite easy: billionaires are not contributing fairly and constantly evade taxation, thus concentrating more and more of the national added value.
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Quite terrifying that this appears to be a sincere comment. Do you really believe billionaires pay even near the top marginal rate? It’s well established that once you reach the very very top of fortunes, the effective tax rate starts going down.
https://www.ipp.eu/publication/note-ipp-n92-quels-impots-les...