- Joined
- Dec 23, 2022
- Messages
- 4,018
- Reaction score
- 7,099
France level taxes. Glad you brought that up:
"At first glance, French taxes look like they’re insanely high, and that it’s just better to live in the US. However, that’s not completely true.
You see, France makes a very clear distinction between Taxes and Social contributions. Basically, this is how much money you’ve got leftover after paying your taxes and contributing for social benefits, such as unemployment insurance, retirement plans, healthcare, etc. If we were to only take taxes into consideration, these rates would be much closer, and French people might actually pay a little less depending on the category.
So what does that mean?
In the US, the average American spends more than 10 000 $ on healthcare alone, and if you spend that much, you have less money leftover unless you gain more than about 100 000 € a year. Not to mention, the French is having one of the best health service in the world, while the US system receives criticism from basically every political party.
And keep in mind, that’s not even counting all the other social benefits the French have such as free tuition, unemployment coverage, retirement, etc.
Conclusion
Overall, it’s not that taxes are high in France; it’s that social contributions are added to them. In fact, unless you’re extremely rich, you’re likely to have more money left over to spend for yourself in France than in the US. The main difference is that in France, it’s mandatory to contribute to social benefits, while it’s up to your preference in the US. So really, one could say that you spend less in France than in the US."
US vs France: In which country do you pay the most taxes? - Companow
France has always had the reputation of having high taxes. But how high are they actually? Let's find out by comparing taxes between France and the US!www.google.com
When robust programs run efficiently, they SAVE money at the consumer level, which offsets the cost enough so that average people spend less and save more.
Healthcare in France | Overview & Services | Study.com
Learn about the French healthcare system. Discover what healthcare in France is like, see if the healthcare is free, and learn about universal...
study.com
Still, the French do pay an income tax of eight percent to help fund their healthcare system. They also pay various value-added taxes, and employers also pay additional taxes. French workers are estimated to contribute around 21 percent of their income to maintaining the French healthcare system.
Quite a bit more than what I currently pay for healthcare. I'll stick to paying roughly 50% of that.
Honestly I wouldn't care if the US adopted their system as long as they did it cheap and efficiently. That won't happen because none of the US government backed systems for the average person are cheap or efficient.
That’s your logic applied to literally any government program so the fact you find it dumb should reveal something to you.
That's not my logic at all. Most of the taxation system is a scam. You put in a lot of money and get very little back in return because the money is wasted through bureaucracy, bait and switch tactics, backdoor deals, companies that hike their prices up when the government comes knocking and making government workers do jobs that they don't have the expertise in. I'm saying we should fix that system so our tax dollars efficiently go toward their intended purpose but apparently that's bad logic.
We should just continue to pour even more money into the corrupt system apparently. What an idiot I am for not wanting to do that.