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Finance committee  The other effect is an extraction of income with a lower marginal tax rate. Why? With lower taxes, an individual benefits more from negotiating a higher salary without compensation in terms of a productivity increase.

April 30th, 2013Committee meeting

Nicolas Zorn

Finance committee  Thank you for the question. The Piketty, Saez and Stancheva study, published in 2011, notes a major drop in marginal tax rates in countries where that 1% has increased significantly. The correlation is clear. Even more interesting is the fact that there is no correlation between

April 30th, 2013Committee meeting

Nicolas Zorn

Finance committee  Good morning, ladies and gentlemen members of the committee. The problem, in terms of middle class income, is that there is some polarization, which is in part due....

April 30th, 2013Committee meeting

Nicolas Zorn

Finance committee  Is it okay now?

April 30th, 2013Committee meeting

Nicolas Zorn

Finance committee  In particular, the polarization is due to a drop in trade unionism and an increase in competition among developed countries. Free trade contributes to that polarization. It's not tragic to lose your job, but being unable to find another one is. The issue does not lie in the fact

April 30th, 2013Committee meeting

Nicolas Zorn