France is a country that takes 50% of your earnings over the course of your entire life; in addition, all goods are subject to VAT (TVA)—at a standard rate of 20%—plus excise taxes on alcohol and other goods.
If you put money in a savings account, the standard tax rate on interest for a regular bank account in 2026 will be 31.4%: 12.8% income tax and 18.6% social security contributions.
If you’ve purchased a second apartment, France levies a capital gains tax on real estate: a base rate of 19% income tax plus 17.2%, not including other fees.
On the day of your death, the government will take another 50% of whatever you’ve managed to save.
And despite all this, France is in debt—120% of GDP.
#France #Economy #Debt #FindTruth
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