Key Figures Archives - IREF Europe

Banque de France vs Bundesbank

Nicolas Lecaussin — Fri, 17 Jan 2014 21:19:00 +0000

The staff costs are higher at the Banque de France than in the Bundesbank! This is one of the conclusions of our comparative study “Banque de France vs Bundesbank”. On the one hand, 1.45 billion euros, in the other hand, 700 million euros! Regarding pension costs, the comparison also makes a significant difference: 440 million euros in France compare to the Bundesbank’s 100 million. With this precision: the Bank of France pensions are not funded ...

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28 millions French workers versus 14.5 millions who live off the State!

IREF — Fri, 29 Nov 2013 15:34:45 +0000

It is the stunning figure revealed by Jean-Philippe's Delsol in his book "Why I Am Going To Leave France", an IREF bestseller.
Between the public sector (5.2 millions), the parapublic sector (2 millions), those who are granted the public allowance called "Active Solidarity Revenue" (1.3 millions) and those who are granted direct or indirect public allowances (6 millions), the total amount of the French people receiving public money is superior to those working in the private sector!

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United States: 800,000 Civil Servants Unemployed Means 212,000 Private Sector Jobs Created

IREF — Fri, 15 Nov 2013 20:03:00 +0000

About a month ago, the United States experienced the "Shutdown" for 15 days. Several jurisdictions were closed and about 800,000 employees have been laid off because no agreement was reached on the budget. The Democrats and President Obama cried about the paralysis of the economy in order to end the "shutdown". In fact, the US economy has not been affected by the shutdown. More: the US economy even experienced an upturn. According to the data on the third quarter, U.S. GDP grew by 2.8% and more than 212,000 net jobs were created in the private sector! Long live the "shutdown"!

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UK Corporate Tax: From 26% to 20% In 2016

IREF — Sat, 09 Nov 2013 15:23:00 +0000

As shown in the Report of the IREF on Taxation in Europe, many countries have lowered their corporate tax. The UK is among them. The corporate tax will gradually decrease: 23% in 2013/14, 21% in 2014/15 and 20% in 2015/16.
It must be an example for countries as France…

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US Tax Exile: 1130 US Citizens Gone

Sylvain C — Wed, 06 Nov 2013 11:27:12 +0000

1,130: here is the number of Americans who gave up their citizenship and left the US territory. Taxation made them leave.
Who said the US was a tax haven? It is true that tax pressure on individuals and companies is much lighter than in France. Furthermore there is a real tax competition between the States. Yet, it is not sufficient.
Many American taxpayers left because of Obama’s policy and tax increases. Thus, in Q2 of this year, 1130 US taxpayers gave up their citizenship because of taxation.
It is twice as much as the whole year 2012, and ten times more than in 2007, one year before Obama’s election.

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Positive Opinion of the Administration: France vs Germany

Nicolas Lecaussin — Mon, 28 Oct 2013 10:35:00 +0000

According to a Eurobarometer / TNS Opinion, only 50% of the French people have a good opinion of their government whereas 46% have a bad opinion (4% are undecided). In Germany, the government gathers 73% favorable opinion and 23% unfavorable opinions (4% were undecided). Yet, in 2013 public spending in Germany reach 45.4% of GDP against 57.2% in France. A huge difference - 12 points - which does not contribute to the improvement of our public sector. That is a good reason to reduce spending.

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110 Billion Euros Waste: The Cost Of Inefficient French Government’s Assistance to Companies

Sylvain C — Wed, 19 Jun 2013 15:22:00 +0000

The French Government supporting private companies thanks a system of financial assistance: what an economic heresy! Yet, over the last thirty years, it has become the creed for French Governments, whether conservative of leftist. Four figures are to be pointed out:

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Well-Being Ranking: France Is 18th on 34

Sylvain C — Thu, 13 Jun 2013 09:34:21 +0000

In which country would you live best? In France, amid interventionist politicians and cocooned by a Big Government? Not at all… The last OECD data about the well-being in the…

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10.8 Billion Euros Missing On The French Budget

Sylvain C — Mon, 10 Jun 2013 11:10:29 +0000

“If I have less money, I shouldn’t spend less but tax more”. That is exactly what the French President François Hollande and his Government are doing. Economic principles are obviously upside down. That is the result of socialist economic policies denying reality: the French budget was established on the assumption that taxpayers would continue to spend money as if there were no crisis and as if tax revenues were some kind of annuity. This error can be lethal for French taxpayers.

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4.9 billion euros

Jacob Arfwedson — Fri, 07 Dec 2012 12:24:17 +0000

43 billion Swedish crowns . As stated by the Waste Ombudsman (Swedish Taxpayers’ Association), this is the amount erroneously paid out by the EU according to its Court of Auditors.…

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