I often cite the OECD’s data on “actual individual consumption” to show that the average American enjoys higher living standards than the average European.
In this clip from a recent presentation, I compare the United States and France.
I’m motivated to write on this topic because of a recent tweet from Arnaud Bertrand.
I don’t know who he is, but he shares some very depressing data about the well-being of ordinary people in France.
The above data, according to Monsieur Bertrand, is before taxes on income.
Which makes me curious, of course, so I went to the OECD’s data on “Taxing Wages.”
Here is the data from Table 3.1, showing the tax burden on lower-income and middle-class taxpayers in France and the United States.
As you can see, the tax burden is much higher in France for every type of household. It doesn’t matter whether the household is…
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