France, social portrait2016 Edition
France, Social Portrait is for everyone who would like to learn more about French society. This cross-cutting publication in the “Insee Références” collection throws the spotlight on young people in France. Three reports provide an in-depth analysis of different aspects of French society. Around forty themed information sheets summarise the main data and provide European comparisons, to complete this social panorama.
Reforms to benefits and contributions in 2015 lead to a slight redistribution of wealth from the best-off 30% to the rest of the population
Compared to a situation where they had not been implemented, the new social and tax measures applied in 2015 have slightly reduced the standard of living of the wealthiest 30% of households by increasing, again only slightly, that of the rest of the population, and more particularly the poorest 10%. Overall, these measures have had a neutral effect on the average standard of living. However, each measure has a different effect, according to households’ positions on the standard of living scale. For the wealthiest families, their family allowances have been halved or even divided by four. At the same time, the poorest households have seen a further increase in the RSA by 2% and median households (in the 4th to the 7th standard of living deciles) have seen a reduction in income tax due to the raising of the income threshold from which tax is due. The result overall is a slight reduction in inequalities: taking all the effects of the new measures into account, the ratio of the average standard of living of the wealthiest 20% to that of the least well-off 20% is 4.12; without these measures, it would have been 4.16.