Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


IREF - Institute for Research in Economic and Fiscal issues
Fiscal competition and economic freedom
https://en.irefeurope.org/703

Social contributions increase in France

Starting July 1, French taxpayers will have to pay an extra 2% on top of the "Generalized Social Contribution" that was so far set at 13.5%. This brings the new rate of the General Social Contribution on labor and capital incomes to 15.5%.

This “social flat tax” is to be added to the personal income tax or capital gains tax and to "specific" social contributions (unemployment insurance, health insurance, etc.) The move is easy to understand since these Generalized Social Contributions, together with the VAT, are the only way to quickly increase tax revenues for the government. In view of the state of public finances, we can bet that an increase in VAT will be next, probably in 2014.

Share this article :

Related contents ...

Will Scotland’s Price Floor do more Harm than Good?

New Guidelines on Snacking: Another Unnecessary Interference


The miraculous multiplication of loaves and fishes in the Italian electoral campaign

Problems with Oxfam’s Inequality Report



Any message or comments?

Show Form

 css js

CLOSE

Monthly newsletter
Receive our publications for free

By continuing browsing our website, you agree with our cookies policy