Friday, January 18, 2008
It took a while of reading about Mike Huckabee's 30% sales tax, which he dubs the Fair Tax, before it occurred to me that here in France, we pay 20% sales tax on goods and services (basic foodstuffs are taxed at a 5.5% rate). The main difference between the French system and Huckabee's is that here, that's in addition to a pretty stiffly progressive income tax that tops off at 40%. And that's in addition to a pretty stiff Social Security tax. Socialized medicine does have its costs.