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Re:Update to Ask HN: What to do if I’m about to lose my job ... by Joky on Sunday October 07, 2018 @09:01PM (#18163488)
45% is only the (higher bracket) "federal taxes" (France isn't a federal country) that don't include all the welfare contributions which are taken from your salary (22% IIRC) and also the higher employer contributions.

Edit, FYI: - 14% from 9 964 € to 27 519 € - 30% from 27 519 € to 73 779 € - 41% from 73 779 € to 156 244 € - 45% beyond 156 244 €

And the table here for the social contribution that are taken out of your pay before the taxes above are applied: https://fr.wikipedia.org/wiki/Cotisations_sociales_en_France...

Re:Update to Ask HN: What to do if I’m about to lose my job ... by arcticbull on Sunday October 07, 2018 @10:39PM (#18163788)
I left those out of my headline numbers too though.
Re:Update to Ask HN: What to do if I’m about to lose my job ... by Joky on Monday October 08, 2018 @12:33AM (#18164157)
Yeah I just clarified because of the part that said "for France's system", this part of the tax is not what's paying for the welfare part of the "system". According to https://argent.boursier.com/impots/analyses/ou-va-largent-de...

- 23.5% for tax credit for other people (i.e. think about solar panels, etc.)

- 15.7% for primary/secondary education (i.e. from kindergarten to 12th)

- 13.6% for counties and other local / regional structures.

- 11.5% for interest on the debt.

- 9.35% for the Defense budget.

- 6.35% for Universities (education and research) => This is paying for ~ free education!! Probably the best deal in the French system compared to the USA.

- 5% for Europe

- 4.3% Police

- 1.9% Judiciary