French succumb to temptation of cash as taxes climb – Reuters

See on Scoop.itEconomicFactors

French succumb to temptation of cash as taxes climb Reuters But rises in value-added taxes and the scrapping of subsidies for services ranging from baby-sitting to gardening have spurred the first expansion in the ‘shadow’ part of France’s economy…

Bill McKee‘s insight:

As socialism steadily increases cumpulsory taxes on everyone and everything.. guess what happens.. Parasitic Socialism always ends badly.  And this explains one cause, out of many, many reasons why it always strips  people of freedom, the opportunity to be self sufficient, and a downward spiraling standard of living for all but the "political" class that are truly parasites on the backs of the workers who become serfs to that special class of Statists.

See on www.reuters.com

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