A controversial French tax to be levied on companies that pay salaries of more than 1 million euros ($1.55 million) a year has been approved. France's constitutional council gave the green light to the temporary but controversial "millionaire tax", a ...
If millionaire tax migration were going to happen anywhere, France — a country under actual socialist rule, with a government that proposed a 75 percent tax on high-earners and has shown active hostility to business interests — would be the place to ...
France’s proposed 75% tax on millionaires affects only a few thousand people, at most. But already the 2013 budget is proving controversial, with some critics saying the new policy will drive talent out of France. The measure comes as Francois Hollande ...
Quartz · 5y
So now President Hollande may have got his way, but what does it mean for France? And, in the first of a series on the future of the media we look at good old short wave radio. We also hear why falling gold prices could spell disaster for small scale gold ...
BBC · 4y
(Newser) – French President Francois Hollande's controversial plan to levy a 75% tax on income above 1 million euro ($1.3 million) has been rejected by a constitutional council, reports Reuters. The tax had been set to go into effect in 2013, despite the ...
Newser · 5y
In France on Monday to be honored with that nation’s Commander of the Arts award, the wisecracking star of the Die Hard films took a very public swing at Socialist President Francois Hollande’s controversial 75 percent “millionaire’s tax.”
PARIS (Reuters) - France's Constitutional Council gave the green light on Sunday to the government's controversial 'millionaire tax', to be levied on companies that pay salaries of more than 1 million euros (837 thousand pounds) a year. The measure ...
Yahoo! · 4y
This worked so well for France that Belgium had a real estate boom with the new tax on millionaires was announced. And New Jersey learned that millionaires have a tendency to leave when confronted with higher taxes. But Illinois? Well, per Michael ...
Hot Air · 4y
The French government says it will press ahead with plans for a new 75 per cent tax rate on millionaires after it was struck down ... aimed at making the ultra-rich contribute more to tackling France's budget deficit. The move was welcomed by the French ...
(Newser) – A poll out today continues to give Francois Hollande the edge over Nicolas Sarkozy in round one of France's presidential election ... That's the income tax rate Hollande believes the biggest earners should pay, and will push for.
Newser · 6y