Birdwatch Note Rating
2024-07-10 16:52:37 UTC - HELPFUL
Rated by Participant: 6D6B08FF8239F3424CB592AEA17D682CE5C5D97FB7CEA2236C22DDD36FA8490E
Participant Details
Original Note:
It would be the marginal tax rate meaning income above 400k would be taxed at 90%. Yet it omits the fact that on top of income tax, taxpayers must also pay social taxes called CSG and CRDS at a combined rate of 9,7%. Effectively any income above 400k would be taxed at 99,7% https://www.urssaf.fr/accueil/employeur/cotisations/liste-cotisations/csg-crds.html#:~:text=Le%20calcul%20de%20chaque%20contribution,%2C50%20%25%20pour%20la%20CRDS.
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