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French President Hollande’s “supertax” policy falls by court ruling

  • 75%tax rate on France’s rich ruled unconstitutional. The so-called “supertax,” which would have only affected individual earnings exceeding $1.23 million per year, was deemed unfair by the French Constitutional Court and was thrown out, a blow to socialist President Francois Hollande’s fiscal agenda – the tax would have impacted a mere 1,500 people or so, raising less than $661 million. source
December 29, 2012 // 15:16 // 1 year ago
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  1. sebstns reblogged this from duoyen
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  3. jusx2 reblogged this from shortformblog and added:
    Oh France haha
  4. asvprentschler reblogged this from shortformblog and added:
    FUCK SOCIALISM YA FRENCH FAGGOTS
  5. dcy3 reblogged this from shortformblog
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  10. iknowhowyoufeelman reblogged this from shortformblog and added:
    I won’t comment on the tax itself, but just want to say this. If your deficit is €103 billion, a new tax that will raise...
  11. leuchtend reblogged this from shortformblog