High taxes in France
By Craig McGinty on Oct 19, 2005 in Current Affairs.
THE French pay the most tax amongst the seven leading industrialised nations according to recent research.
A study by the Organization for Economic Cooperation and Development (OECD) found that France's tax burden as a percentage of gross domestic product last year rose to 43.7%, from 43.4% a year earlier.
Their work also shows that just 25 per cent of tax revenue in France comes from personal and corporate taxes.
In comparison, the UK paid 36.1% of GDP in taxation whilst the US paid just 25.4%.
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