A post by @unusual_whales on X.
French taxes take up more than 40% of the economy, compared to about 25% in the US, per WSJ
@unusual_whales on X
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French taxes account for more than 40% of the economy versus roughly 25% in the US, according to a WSJ finding circulated by @unusual_whales. The comparison highlights a persistent gap in the tax burden between France and the US. The figure matters as France weighs fiscal consolidation amid budget pressures. Watch for how the tax take evolves in upcoming French budget debates.
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Named in this story
United States, France, Wall Street Journal