Is it concerning that less than 45% of French citizens pay income tax?

Completing and validating income tax returns can be a daunting task for many French people. However, for a large number of taxpayers, this will not significantly impact their budget. The good news is that less than half of the French population actually pays income tax, with only 44.7% of tax households being subject to it in 2023. Out of 40.7 million tax households, only 18.2 million are taxed in this way, a significant decrease from the 60-65% ratio seen between 1975 and 1985.

This may seem like a problem to some, but Agnès Verdier-Molinié, director of the Ifrap foundation, points out that there are other forms of income tax in France, such as the CSG (generalized social contribution), which is often perceived as social security contributions but functions as an income tax.

While completing taxes may not be fun for everyone, there are plenty of other interesting and amusing articles and memes on the internet that can provide entertainment and laughter on a variety of topics. These lighthearted contents can brighten up your day and provide a good laugh.

By Samantha Johnson

As a content writer at newsnmio.com, I craft engaging and informative articles that aim to captivate readers and provide them with valuable insights. With a background in journalism and a passion for storytelling, I thoroughly enjoy delving into diverse topics, conducting research, and producing compelling content that resonates with our audience. From breaking news pieces to in-depth features, I strive to deliver content that is both accurate and engaging, constantly seeking to bring fresh perspectives to our readers. Collaborating with a talented team of editors and journalists, I am committed to maintaining the high standards of journalism upheld by our publication.

Leave a Reply