Tuesday, April 5, 2022

When Government Benefits Become Rights - Who and How To Pay For Them?

 "...And the cost? Like everyone else, France runs on debt and deficits. If you’re on the left you probably don’t care much, if you’re on the right you probably wake up wondering when the reckoning will come. In general revenue terms, the Tax Foundation, using figures from the Organization for Economic Competition and Development, places the French tax system 35th out of 36 countries in terms of its competitiveness, attraction for investors and impact on workers and businesses.

Canada ranks 20th on the same list. Comparing the two, Canada ranks much higher in individual taxes (mainly income taxes), drawing 36 per cent of its revenue compared with 21 per cent in France. In turn, the French pay much higher amounts in “social insurance” charges — 32 per cent of revenue against 14 per cent in Canada.

In other words, French taxpayers fork over considerably less as  general income tax, but make up for it with charges dedicated directly to programs for unemployment insurance, pension plans, health coverage, dental, drugs, daycare etc..."

https://nationalpost.com/opinion/kelly-mcparland-liberals-take-note-when-benefits-become-rights-its-hard-to-make-people-pay

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