Difficult to go up the slope when you start from so low.
While the government is pleased to have initiated a reduction in compulsory levies for individuals and businesses of around 50 billion between 2018 and 2023, this effort considered “
unprecedented
” is hardly visible today.
For the sixth consecutive year, France arrives - tied with Austria - at the top of the European countries where the fiscal and social pressure remains the highest, according to the annual study of the Molinari Economic Institute (IEM), which reveals Le Figaro.
Read also: A report by Olivier Blanchard and Jean Tirole suggests a big bang in inheritance taxation to boost youth employment
It is, in fact, from this Monday, July 19 that French employees will finally be "
freed
" from the burden of compulsory levies.
This means, in concrete terms, that an average and single employee must work until that date to pay social contributions, income tax and VAT, and thus finance public expenditure.
Taking the average of the 27 countries of the European Union, this day comes much earlier, June 12, with
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