> In france the yellow vests protest was caused by a planned carbon tax increase on gas. Car dependent citizens rioted.
It's reductive. The protest was not just on the carbon tax, but that the carbon tax was used to finance the cancellation of the wealth tax (aka ISF for "Impot sur la Fortune"). Source: https://wikileaks.org/macron-emails/emailid/50207
I'm French and I've had my tax rate almost cut in half since Macron has become President... because I gained millions on the stock markets. The more I earn from capital gains, the less I'm taxed (relative to my wealth). Each extra € is taxed at 30% (all included), which is less than my far-less-rich coworkers (who only earn salaries, which can be taxed at 45%... 1.5x my tax rate!). And this is wihout even talking about the ISF!
This is soooo unfair and the Gilets Jaunes are simply aware of that, even if they don't know all the little details, and despite the media not describing what's really going on.
It's reductive. The protest was not just on the carbon tax, but that the carbon tax was used to finance the cancellation of the wealth tax (aka ISF for "Impot sur la Fortune"). Source: https://wikileaks.org/macron-emails/emailid/50207
I'm French and I've had my tax rate almost cut in half since Macron has become President... because I gained millions on the stock markets. The more I earn from capital gains, the less I'm taxed (relative to my wealth). Each extra € is taxed at 30% (all included), which is less than my far-less-rich coworkers (who only earn salaries, which can be taxed at 45%... 1.5x my tax rate!). And this is wihout even talking about the ISF!
This is soooo unfair and the Gilets Jaunes are simply aware of that, even if they don't know all the little details, and despite the media not describing what's really going on.