HaixuanTao
Joined 6 years ago
Joined 6 years ago
Whatever the labelling you want to use, but we know for a fact that extreme ecology is going to destroy our country. We saw what happened with French nuclear, we are seeing it in the EU car industry, we are seeing it in French housing. We already know that radical ecology is going to bring social unrest. That the first to suffer is going to be poorest people.
> deficit that was literally created by giving money to large companies and rich people in the form of tax deductions.
We are still one of the most tax heavy country with the most social contribution in Europe and in the world. Macron is just trying to level the playing field and make France attractive.
> it's about people asking for compassion towards difficult jobs more than for their own selves, and I could go on...
After this reform, we will still be one of the most generous country in the world even for pension and social net even among Europe and even more worldwide.
This is true if nothing really bad happens to you and your family ( car accident, really bad decease, ... ). France will have much better social security for tail risk.
This equation is not deterministic. It works on majority of cases, but having the peace of mind of feeling safe, is worth a lot to me.
Tail risk also compounds the bigger your family is. I am very grateful that my parent will have lifetime free Healthcare, hassle-free retirement, even though this comes at a 50% income tax + social security.
Tax apply to income generating people by design. You pay very little tax in France if you're poor (as a percentage of income). Macron reduced tax on what is comparable: corporate tax, flat tax on certain income such as dividend. Now, did he go overboard? I will let you judge: https://tradingeconomics.com/country-list/corporate-tax-rate with https://tradingeconomics.com/country-list/social-security-ra...
France has been very generous during COVID, has been very generous during the Energy Crisis with the `bouclier tarifaire` that has helped most the poorest. We really have to put that in a world context where most does not get anything during time like this. Can we really say that France is boiling alive its people?