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The French social system very protective against shocks

2021-04-20T05:34:48.106Z


DECRYPTION - Tax and social transfers play a real role of "stabilizer" in the event of a sudden change in the situation.


The French are not always aware of it, but the French social system is one of the most protective and redistributive in the world.

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On the one hand, 80% of income tax is paid by 20% of households. On the other hand, the most modest benefit from various tax and social exemptions, unemployment insurance, housing assistance, family benefits, minimum social benefits. These mechanisms not only help to reduce inequalities between rich and poor, but also make it possible to stabilize living standards in the event of a change in situation (job loss, divorce, birth, etc.), underlines the Ministry of Health and Human Rights. Solidarities in a study published Monday.

These fiscal and social transfers indeed play a real role of "stabilizer" in the event of a sudden change in the situation.

Thus, between 2011 and 2016, public transfers amortized on average 70% of the annual variations in the standard of living of people of working age.

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Source: lefigaro

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