I have a related question. With the above contributions for the benefit to the country as a whole. Are there any other taxes such as in the US? I am curious if there are any similar expenses as these add up quick against your pay.
- State income taxes: in France it would be Depts maybe? Which goes to pay for local gov’t expenses (about .25% of annual net income)
- Personal property taxes which goes to local gov’t expenses, school, police and fire services ($2000-$5000 a yr for an average 3bd/2 home).
- Then we have a sales tax which goes to pay for?? (5 to 8% of total purchase).
- Some states have an automobile luxury tax. ($50-500 annual)