DECRYPTION – After Austria, France is the European country where fiscal and social pressure is the heaviest.
More charges and taxes than purchasing power. This year again, France remains among the European countries where the fiscal and social pressure weighs the heaviest on the wallets of the French. It is only from Sunday July 17 that French employees will finally be able to do what they want with their money. Indeed, this year, an average and single employee must first work until this date to pay the State the income tax, VAT and social security contributions due, according to the annual study of the Molinari Economic Institute (IEM), which unveils in preview Le Figaro. Admittedly, after having topped the list of members of the European Union for six consecutive years, France was finally dethroned by Austria, whose day of liberation comes a day later, on July 18. But, of course, there is no need to claim victory. France remains in second position followed closely by Belgium.
The country is well situated…
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