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by regi
3439 days ago
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38% + about 1 month of net income to pay each year as income tax.
There's absolutely no visibility on retirement plan. You just know that you earn "points", with no idea what they're worth.
Also, when you rent in France you have to pay a tax (similar to property tax) which, depending on the city, can be quite high (~1 month of rent/year).
VAT is 22% on most products. Gas is expensive (highways too!!!). Train (TGV) is ridiculously expensive. |
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My 35-40% figure includes the income tax and the rental tax. You must be in a crazy high bracket if you get 38% deducted every month. On my last pay slip, it's 17.5%, but I get paid around the lower end of the salary brackets I posted above.
> VAT is 22% on most products.
20%
> Gas is expensive (highways too!!!).
Maybe. I prefer spending my money on better things than a car.