Why we should resist the temptation to tax the wealthiest or retirees | EUROtoday

Qhen we have a look at the financial savings charges by revenue bracket or by age, we perceive that the temptation exists to tax greater revenue earners or retirees extra.
Let’s first have a look at financial savings charges by revenue quintile. The financial savings fee of individuals situated within the first revenue quintile (the 20% of French folks with the bottom revenue) is 3%; that of individuals situated within the second quintile (the 20% of French folks whose revenue is simply greater than these within the first quintile) is 5%; the financial savings fee for French folks within the third quintile is 10%; that of French folks within the fourth revenue quintile is 11%, and eventually that of French folks belonging to the fifth quintile (subsequently the 20% of French folks with the best revenue) is 28%.

We can then…