Social Sciences, asked by khushi9273, 1 year ago

why did the French government increase the tax

Answers

Answered by madhura41
7
Hey!!!! friend* your ans:

Under louis XVI, france helped the thirteen american colonies to gain their independence from britain.
The war added more than a billion livres to a dept that had already risen to more than 2 billion livres leaders who gave the state credit now began to charge 10% interest on loans.
The state finally increased taxes to meet it's regular expenditure such as cost of maintaining an army, running government offices or universities.
Thus the french government increase taxes......
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Answered by parushsaini4882
1
THE French are steeling themselves for yet more tax increases when the finance minister, Pierre Moscovici, unveils the 2014 budget on September 25th. The government is planning an extra €3 billion ($4 billion) of taxes next year, which will push up the overall tax take in the economy to 46.5% and make 2014 the fifth consecutive year that the tax burden in France has grown. François Hollande, the Socialist president, was elected last year on a promise to tax the rich, with a scheme for a top income-tax rate of 75%. But the tax bill is now wearing holes in the pockets of not just the rich but the rest, too. Why do the French put up with paying so much tax? 

France now has a higher tax burden than any other country in the euro zone apart from Belgium. Germany’s overall tax take is fully six percentage points lower, and Britain’s over eight points behind. Even Sweden, emblem of the Scandinavian high-tax model, takes less in taxes than France. Historically, the French have tolerated high taxes as the price of decent public services and a proper universal safety-net. All those fast trains, first-rate hospitals and public crèches do not come for nothing, and the French are the first to defend a way of life subsidised by the public purse that can often only be bought privately in Britain or America. Moreover, the French make a firm distinction between taxes and social-insurance contributions. Only half of households have to pay income tax, but everybody pays social charges. If the French pay so much, goes the line, it is because of the insurance principle: generous unemployment benefits, for instance, are not a gesture of largesse by the French state but an insurance entitlement. Indeed, the longstanding tolerance for taxes has underpinned the solidity of French sovereign debt, since it is a fair bet that France’s government can efficiently collect the taxes it needs. When Gérard Depardieu, a film star, announced last year that he was leaving high-tax France, most of the French disapproved.


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