“France’s constitutional council has struck down a top income tax rate of 75% introduced by Socialist President Francois Hollande. Raising taxes for those earning more than 1m euros (£817,400) has been a flagship policy for Mr Hollande. The policy angered France’s business community and prompted some wealthy citizens to say they would emigrate. Mr Hollande’s government said it would rework the tax, due to take effect in 2013, to meet the council’s complaints.”
http://www.bbc.co.uk/news/world-europe-20864114
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Rights groups challenge widespread Internet spying in France
Arizona governor vetoes bill making gold legal tender
NATO: No Sign Russian Troops Are Pulling Back From Ukraine
Ernst & Young: 'Bitcoin has the potential to be a game-changer'
California throws out petition to split into 3 states at environmental group's prompting
U.S. decision delayed on easing gadget use on airplanes
Homeland Security's domain seizures worries Congress
Police Officer Arrested, Fired For Firing Into Dwelling
EU to ban high-energy hair dryers, smartphones and kettles
Federal Reserve urban warfare training draws eyes to sky over Twin Cities
John Kerry urges Syria attack based on blood and hair samples
Saudi Arabia Said to Ban Betting Against Its Currency
Ex-Honolulu TSA screener denies stealing cash, resigns and denounces agency
'Every Person Is Afraid of the Drones': The Strikes' Effect on Life in Pakistan
Philadelphia applies retroactive lap dance tax at gentlemen's clubs