The french government is who decided the french government has to pay all that money, they can just decide differently.
The french government is who decided the french government has to pay all that money, they can just decide differently.
The billionaires are irrelevant. You could take every penny they have and it wouldn't make a difference
1) paying money to billionnaires cost 67B euros, let's say 10% more this year, to 73B (interest on debt so France can keep lending 170B more every year)
2) not paying money to billionnaires costs 170B euros (france needs 170B euros in new debt every year to balance the books)
Oh and of course when it does become worth doing, stealing the public debt, there is still the little matter of needing to get French people to do 250B worth of extra labor without paying them 1 cent extra (if they kick the can down the road, which they will, it should settle on about that amount per year). Essentially French people will have to work 1/6th harder one way or the other. But by paying billionnaires they can wait with that another 4 years.
Or, you know, they could work 1/30th extra now. 11 days per year. But that means not kicking the can down the road.
Similar figures for all EU countries (except Germany, for the moment at least), but they get to watch France solve it first because they're not the worst offender.
They won't do that because all the government employees love their government jobs and they also can't admit that importing millions of foreigners that hate French culture isn't working.
What do you mean when you say "capitalism"?
Could you elaborate how France is "giving all the money to billionaires"?
They arent the ones driving up pensions for the retired, or instituting the anti-growth policies.
Like I said, kill every single one and the problem would still be there.
https://www.ipp.eu/publication/note-ipp-n92-quels-impots-les...
The question wasn't "does every billionaire pay the top marginal tax rate", it was: could you elaborate how France is "giving all the money to billionaires"? which was the OP's claim.
If this was true, it'd be simple for your ilk to answer it directly. Since it's not, you lie, misdirect, and shift the goalposts around in defense of the original lie, viciously attacking straw men that you erected.
France gives no money to billionaires. Even if you think their tax rate should be higher, those billionaires pay billions into a system that's managed to bankrupt itself through massive spending on general entitlements. You could take every billionaire in France to the guillotine, steal 100% of their wealth, and it'd fund the French government for less than two years. Spending must go down.
Can you be a bit more polite? i.e. I am polite despite the fact you're often carrying water for the "top 0.1%" in your comments, for an unknown reason.