Friday, December 16, 2005

Socialism Stinks

Here are some interesting facts on the socialist country of France.

French Tax is 52.75% on incomes above 46,000 euro. Below 46,000 the tax brackets are 7.5%, 21%, 31%, 41%, and 46.75%.

On a 50,000 euro income a person would pay 12,375 euro more in taxes if they lived in France as opposed to the US. I sure don't need that much health care every year.

Aside from this outrageous income tax there is a 3% property tax and a 19.6% sales tax on basically everything besides food (5.5%) and medicine and newspaper (2.1%)!

Thank goodness for capitalism (or at least somewhat close to it)

1 Comments:

Blogger Michael Bloem said...

Fantastic entry. Socialism definitely stinks. France also can't get its immigrants jobs, so they burn cars and riot. It has double-digit unemployment. It always leads the charge when the western countries and Japan repeatedly fail to make any concessions to developing nations on farm subsidies in trade talks. Plus I think they sold weapons to Iraq back in the day. Okay I'm out of hand, but so is France.

10:48 AM  

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