France remains European champion of taxes



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France owes its first place to the importance of social contributions.

This is a record that will not surprise the "yellow vests" that protest against the heavy taxes. For the third consecutive year, France posts the highest level of taxation in 2017, according to data published by Eurostat Wednesday. Last year, tax revenues (taxes, duties and contributions) weighed 48.4% of GDP in France, against 47.3% in Belgium and 46.5% in Denmark, the other two countries on the podium .

First in the ranking since 2015, France has seen the weight of compulsory contributions increase by 0.7 points in 2017. It thus distances Belgium a little more and is ranked fifth among the countries that have increased the burden of taxation. last year, behind Cyprus, Luxembourg, Slovakia and Malta. As many countries benefit, despite this increase, a very light taxation.

»READ ALSO – Taxes: the reasons for the anger

Taxes and social security contributions increased in fifteen European Union countries

More generally, taxes, taxes and social security contributions have increased in 15 of the 28 countries in the European Union (EU). On the other hand, they fell in thirteen states, notably Hungary, Romania and Estonia.

The EU average stands at 40.2% of GDP in 2017, up 0.3% from 2016. Ireland remains the country with the most favorable tax, with a compulsory levy rate 23.5%. An exceptionally low level in the Old Continent, more than half of that of France.

In detail, France owes its first place to the importance of social contributions (18.8% of GDP, against 13.3% on average in the EU). As for taxes on household incomes and their wealth, they weigh less in France than on average in the EU.

According to the government – which does not apply the same methodology as Eurostat – the level of compulsory contributions is expected to fall slightly this year and next year, from 45.3% in 2017 to 45% in 2018, then to 44%. , 2% in 2019. The goal of Emmanuel Macron is to reduce them by one point over the five-year period.

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