Report
Patrick Artus

To clarify the debate in France: What are the shocking inequalities?

In France , there is a lively debate on inequalities. But which of them are shocking? Not income inequality (after redistribution), which is stable and quite low; Unequal opportunities: the education system in France does not reduce social inequality , on the contrary in fact ; Wealth inequality, with a particular contribution from the rise in real estate prices. If we believe in this analysis, and since the solidarity tax on wealth is an extremely inefficient tax, one proposal would be to increase taxation on large inherited fortunes to financ e increased spending on education.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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