PSG wage bill

[simonk]

+1

Might help us if there is anyone that we are interested in to lure them here

yep, French clubs now have to pay a player double the gross wage an English or Spanish club would have to pay them just to give them the same take home pay, could I just point out that the only people getting taxed 75% are earning €20,000 per week and above and are hardly likely to have an.empty fridge or unpaid bills because of it.

It is double isn't it. I've just worked it out. A Premiership player earning £10 million per year gets a 'net of tax' figure of around £5 million. In France the same player only gets a 'net' of tax figure of £2.5 million. He needs to earn £20 million per year to match the take-home pay of the Premiership player.

France looks like it might be going downhill at this rate. The only people looking to enter the country will soon be people wanting to use the expansive and well-funded welfare system. But, if all the investment pulls out then for how long will they be able to sustain it ?

I don't think this affects Monaco though as they are independently taxed aren't they ? Isn't it a tax haven ?

Could be a good time for us to pick up a few bargains from the rest of France though and especially PSG. Ibrahimovic is fantastic but probably just at the end of his fantastic career now. As for the rest, how many of their big buys would suit us ?

Ibra can fight it out with dzeko for 3rd/4th choice

 

[squirtyflower]

Madness to take 75 % of someone's earnings. I seriously have no words lol

i'm sure the UK top tax rate was circa 87% in the 70s

 

[bigquinn772]

Isn't this tax law only for 2 years?

 

[Salford_Blue]

+1

Might help us if there is anyone that we are interested in to lure them here

yep, French clubs now have to pay a player double the gross wage an English or Spanish club would have to pay them just to give them the same take home pay, could I just point out that the only people getting taxed 75% are earning €20,000 per week and above and are hardly likely to have an.empty fridge or unpaid bills because of it.

It is double isn't it. I've just worked it out. A Premiership player earning £10 million per year gets a 'net of tax' figure of around £5 million. In France the same player only gets a 'net' of tax figure of £2.5 million. He needs to earn £20 million per year to match the take-home pay of the Premiership player.

France looks like it might be going downhill at this rate. The only people looking to enter the country will soon be people wanting to use the expansive and well-funded welfare system. But, if all the investment pulls out then for how long will they be able to sustain it ?

I don't think this affects Monaco though as they are independently taxed aren't they ? Isn't it a tax haven ?

Could be a good time for us to pick up a few bargains from the rest of France though and especially PSG. Ibrahimovic is fantastic but probably just at the end of his fantastic career now. As for the rest, how many of their big buys would suit us ?

He's only 32 and is still one of the finest forwards in the game at the mo and will be for a few more years. Never blessed with lightening pace, but that is'nt the main part of his game.
Wish I was 32 again!!!

 

[Falastur]

Madness to take 75 % of someone's earnings. I seriously have no words lol

All the more socialist countries of Europe charge the highest tax rates to their richest citizens. Most of Scandinavia has a top-level income tax of approaching 60%. I thought this was a very left-wing forum? I'm surprised that this is so unpopular, especially since it's only the millionaires who incur these rates.

 

[pominoz]

Madness to take 75 % of someone's earnings. I seriously have no words lol

All the more socialist countries of Europe charge the highest tax rates to their richest citizens. Most of Scandinavia has a top-level income tax of approaching 60%. I thought this was a very left-wing forum? I'm surprised that this is so unpopular, especially since it's only the millionaires who incur these rates.

And have you seen their healthcare and education systems?
If i was to live anywhere in Europe, it would be in a Scandinavian country.

 

[Blue Shield]

Thiago Silva anyone?

 

[bluethrunthru]

Madness to take 75 % of someone's earnings. I seriously have no words lol

All the more socialist countries of Europe charge the highest tax rates to their richest citizens. Most of Scandinavia has a top-level income tax of approaching 60%. I thought this was a very left-wing forum? I'm surprised that this is so unpopular, especially since it's only the millionaires who incur these rates.

And have you seen their healthcare and education systems?
If i was to live anywhere in Europe, it would be in a Scandinavian country.

It is a 2 year measure - depending on its success it will be reviewed / renewed for the 2015 tax year.

Turning to whether its right or wrong I suppose it depends on your outlook on life. Taking the nationals of any country I would think that they have a measure of pride in their citizenship so as such to make large tax donations is a patriotic duty to help get your country and fellow citizens out of the mire. As a wealthy individual earning in excess of 1 million euro p.a. you would still be much better off than a lot of your fellow citizens. Some people - unlike Cerano Depardieu - may not be as fortunate as to be able to relinquish citizenship and fuck off elsewhere rather than "pay their way" I accept however its about duty and moral responsibility

Alternatively you can hold the opposite view the poor are entiitled to nowt those in work can do so for minimum wage and the state should provide as little as possible. Problem with that as I see it is that seldom works -privatisation has not resulted in markedly better utilities and transport services just richer owners of said companies. More privatisation of the NHS is not making it better is it? Under this system the big flaw is eventually those at the bottom clutter the streets as homeless hungry and dying and those that have dropped from the middle to new working class have less and less money to spend which means economic growth is strangled even the rich gets poorer and no tax is collected.

You pays your tax monies and takes your choice. All I know is if I were Hollande I'd strip Gerard of any honours bestowed on him by la belle France, seize and liquidate any assets he has left in France and tell the cnut not to bother popping back to see family as he is no longer welcome

 

[cookster]

Madness to take 75 % of someone's earnings. I seriously have no words lol

All the more socialist countries of Europe charge the highest tax rates to their richest citizens. Most of Scandinavia has a top-level income tax of approaching 60%. I thought this was a very left-wing forum? I'm surprised that this is so unpopular, especially since it's only the millionaires who incur these rates.

And have you seen their healthcare and education systems?
If i was to live anywhere in Europe, it would be in a Scandinavian country.

Yep at least you get what you pay for on Scandinavia, great standard of living.

 

[pominoz]

All the more socialist countries of Europe charge the highest tax rates to their richest citizens. Most of Scandinavia has a top-level income tax of approaching 60%. I thought this was a very left-wing forum? I'm surprised that this is so unpopular, especially since it's only the millionaires who incur these rates.

And have you seen their healthcare and education systems?
If i was to live anywhere in Europe, it would be in a Scandinavian country.

It is a 2 year measure - depending on its success it will be reviewed / renewed for the 2015 tax year.

Turning to whether its right or wrong I suppose it depends on your outlook on life. Taking the nationals of any country I would think that they have a measure of pride in their citizenship so as such to make large tax donations is a patriotic duty to help get your country and fellow citizens out of the mire. As a wealthy individual earning in excess of 1 million euro p.a. you would still be much better off than a lot of your fellow citizens. Some people - unlike Cerano Depardieu - may not be as fortunate as to be able to relinquish citizenship and fuck off elsewhere rather than "pay their way" I accept however its about duty and moral responsibility

Alternatively you can hold the opposite view the poor are entiitled to nowt those in work can do so for minimum wage and the state should provide as little as possible. Problem with that as I see it is that seldom works -privatisation has not resulted in markedly better utilities and transport services just richer owners of said companies. More privatisation of the NHS is not making it better is it? Under this system the big flaw is eventually those at the bottom clutter the streets as homeless hungry and dying and those that have dropped from the middle to new working class have less and less money to spend which means economic growth is strangled even the rich gets poorer and no tax is collected.

You pays your tax monies and takes your choice. All I know is if I were Hollande I'd strip Gerard of any honours bestowed on him by la belle France, seize and liquidate any assets he has left in France and tell the cnut not to bother popping back to see family as he is no longer welcome

Good post, blue. Just about sums it up.