French President announces pro-business measures

Post by steeve » Tue, Apr 30, 2013, 9:22 AM UTC

yardie wrote: post #9

That is swell and everything. But why doesn't the president fix his crazy tax scheme, first. The pigeons have already left the roost and now he's set his aim further down the tax bracket. Apologies, I just received a letter saying I owe the impots an additional 400€. For reasons I can't imagine since my salary hasn't appreciated that much. Entrepreneurship is hard enough already, the government taking more money does…

Post by jvzr » Tue, Apr 30, 2013, 9:25 AM UTC

edouard1234567 wrote: post #25

babarock wrote: post #15

To me, the most important thing is that he's closing the "040" indicator used by the banks to index the entrepreneurs who previously failed. It's virtually impossible to get help from a bank if your previous startup has failed. There's a bigger picture here. France is so incredibly intolerant of failure it's not funny. There's the rampant myth of the "genius superstar that never fails" and you only get one chance to…

I totally agree and I'm surprised by all the negative comments on this page. These measures seem to be going in the right direction: 1 - encouraging entrepreneurship by reducing the risk (no more bad credit score aka banning 040 code) 2 - increasing the reward through tax breaks on early capital gain.

Post by ekianjo » Tue, Apr 30, 2013, 9:27 AM UTC

conradfr wrote: post #24

ekianjo wrote: post #17

Earlier quoted context omitted.

Ah that was not Liberation, but inrocks instead... but I may have read something similar in the Liberation since they are so very much in the same line of thought: http://www.lesinrocks.com/2010/09/26/actualite/ils-ont-decid... For English speakers out there, the title means "they decided not to work anymore" That's what you get for giving out welfare without setting any expectations to the person who gets it: people…

Thanks. I don't think that article glorified anything though.

Post by VSerge » Tue, Apr 30, 2013, 9:30 AM UTC

rikacomet wrote: post #5

tekahs wrote: post #2

From a french guy : We are so late on this. imo, it's just an adjustment compare to other country (like US). There is also a lot to do to change the mentality, because the crowd don't believe in "entrepreneurship" and prefer to work directly in big company.

from a Indian guy, planning on coming to France for Higher Studies: France is sprinting now, when others are exhausted (USA, UK, China, India).. France is where it is right now.

Post by claudius » Tue, Apr 30, 2013, 9:39 AM UTC

ekianjo wrote: post #23

tekahs wrote: post #18

Earlier quoted context omitted.

Not feeding the troll, but the average tax for a company is ~36%. 75% is the income tax when you are very rich. (And it's still a project). now, the income tax is 50% for the rich people.

Well that's still far high enough even at 36%. There are several places more business-friendly around the world.