Re:The Pigeon Movement – A rallying cry for French startups
by carlob on Monday October 01, 2012 @06:31AM
(#4596145)
> Nobody making moderate capital gains would pay these charges voluntarily, in exchange for benefits it gives them.
Almost nobody who pays taxes would pay them voluntarily, especially the rich who get no benefits from paying them. Yet we force them to, it's the redistributive nature of taxes.
Nobody making moderate capital gains would pay these charges voluntarily, in exchange for benefits it gives them. Thus it makes complete sense to lump it in with the other capital gains taxes when discussing incentives.
From Wikipedia:
"The mandatory state pension is an unfunded contributory penison based on redistribution of contributions from those working to those in retirement. The scheme aims to provide up to a maximum of 50% of the retirees highest earning years up to a limit of 35,000€ annually (in 2010)."