Tax is a big topic in France right now. With a promise to cut its budget deficit, the French government has been looking for ways to raise extra revenue. Meanwhile unemployment is high and many agonize over the long-standing high payroll taxes that make hiring expensive.
Beyond the newspaper front page or the business section, the saga of football club AS Monaco’s promotion to the top league of French football has put the spotlight on zero-tax Monaco vs high-tax France. It’s also a big issue behind the scenes in cycling. If it’s not a talking topic, high payroll taxes in France are fundamental to understanding why French teams face an uphill task compared to their rivals.