“The government confirmed a temporary 75 percent super-tax rate for earnings over one million euros and a new 45 percent band for revenues over 150,000 euros. Together, those two measures will bring in around half a billion euros. Higher tax rates on dividends and other investments, plus cuts to existing tax breaks will bring in several billion more. The budget will also disappoint pro-reform lobbyists by merely freezing France’s high public spending rather than daring to attack ministerial budgets as Spain did this week in a bid to avoid the conditions of an international bailout.”
http://www.cnbc.com/id/49206756
Related posts:
Tiny Device Will Detect Domestic Drones
Holocaust survivor and US tax fugitive Marc Rich dies at 78 in Switzerland
Miner to Pay in Bitcoins for Work at Tungsten Project
Hundreds of protesters in Toronto call for Mayor Rob Ford to resign
Treasury announces GM exit strategy; automaker buying 200 million shares from U.S.
Former Fed officials lament taxpayers' inability to see necessity of bank bailouts
Syrian rebels say they have received anti-tank and anti-aircraft missiles
Young Catholics flood Rio’s streets after Pope Francis speech
BBC Glenn Greenwald full interview on Snowden, NSA, GCHQ and spying
Britain set to ban Google Glass for drivers
South African labor unrest spreads, gold, construction strikes loom
Texas lawmaker wants to make federal weapons ban illegal in Texas
Gulf Arab youth get around segregation with smartphone flirting
American Expat Taxpayers Would Rather Ditch Citizenship Than Face New IRS Rules
Woolwich murder suspect 'was offered job with MI5 six months ago'