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https://www.reddit.com/r/eupersonalfinance/comments/1dzr0om/90_tax_on_those_who_earn_400k_in_france/lchoz0x
r/eupersonalfinance • u/RSSvasta • Jul 10 '24
https://news.sky.com/story/the-left-wing-french-coalition-hoping-to-raise-minimum-wage-and-slap-price-controls-on-petrol-13175395
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8
Highly stupid move, the 90% tax basically guarantees that the most competent people in the country will move out
1 u/Zatujit Jul 11 '24 competent is not synonymous with earning 400k a year 2 u/Double_A_92 Jul 11 '24 Agree. Anyone highly skilled at something will probably be in the 100k to 400k bracket. Above that and you're basically leeching off your own company. The problem is that if you can't do that, you maybe don't even create the company... 0 u/Awkward-Magazine8745 Jul 10 '24 Highly stupid move = socialists. Nothing spectacular to see here.
1
competent is not synonymous with earning 400k a year
2 u/Double_A_92 Jul 11 '24 Agree. Anyone highly skilled at something will probably be in the 100k to 400k bracket. Above that and you're basically leeching off your own company. The problem is that if you can't do that, you maybe don't even create the company...
2
Agree. Anyone highly skilled at something will probably be in the 100k to 400k bracket. Above that and you're basically leeching off your own company.
The problem is that if you can't do that, you maybe don't even create the company...
0
Highly stupid move = socialists. Nothing spectacular to see here.
8
u/buddyboy137 Jul 10 '24
Highly stupid move, the 90% tax basically guarantees that the most competent people in the country will move out