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submitted 1 month ago by MicroWave@lemmy.world to c/world@lemmy.world

Multiple parties are jockeying for position in the aftermath of France's seismic snap election. The leftist New Popular Front (NPF) insists its ideas should be implemented.

France's left wing New Popular Front (NPF) - now the largest group in parliament - has called for a prime minister who will implement its ideas including a new wealth tax and petrol price controls.

The leftist alliance secured the most seats in the recent French elections but fell short of the 289 needed for a majority in the National Assembly, France's lower house of parliament.

President Emmanuel Macron's Together bloc came in second and Marine Le Pen's far-right National Rally (RN) party finished third.

France's parties are now jockeying for position and it's unclear exactly how things will shake out, but the NPF has insisted it will implement its radical set of ideas.

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[-] unexposedhazard@discuss.tchncs.de 214 points 1 month ago

a new 90% tax on any annual income above €400,000

Lmao. Probably not gonna happen but based af

[-] bolexforsoup@lemmy.blahaj.zone 0 points 1 month ago* (last edited 1 month ago)

Maybe I’m just not used to the income needed in major cities in France, but that seems like pretty high tax rate for the income in major cities like Lyons or Paris. Can someone give me a little context? Does France do graduated brackets like the US? If that’s the case then I could see this being pretty fair.

[-] Uruanna@lemmy.world 5 points 1 month ago* (last edited 1 month ago)

Does France do graduated brackets like the US?

Is there any place that does taxes without brackets, just flat "pass this number and suddenly lose half of everything"? Does that even exist outside the imagination of Americans who have never understood or looked at taxes? Brackets should be the definition of income taxes, is it not? It's not an economic tariff applied regardless the volume of merchandise passing a frontier.

[-] bolexforsoup@lemmy.blahaj.zone 2 points 1 month ago* (last edited 1 month ago)

Jesus dude calm down I am just asking what the basic structure of the French tax system looks like. I don’t live in France, there is not a whole lot of reason for me to know.

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this post was submitted on 10 Jul 2024
1124 points (98.9% liked)

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