Hillary Clinton called for a new “fair share surcharge” tax of 4 percent on multi-millionaires Tuesday ... tax that kicks in at a far lower income threshold. Taxpayers in France are charged an extra 4 percent there on earnings above $542,000 per ...
PARIS — A little over a year ago, some of the most prominent and wealthy executives in France signed a petition seeking higher taxes on themselves ... private equity managers and others who are millionaires, or want to become millionaires, …
giving rise to a new class of millionaires, like Stephane Richard, CEO of France Telecom. France has also alienated the wealthy in the past with policies such as the ISF tax, or wealth tax, which was passed in 1989 by Socialist president …
It doesn't even begin to solve economic problems. The budget, approved by France's cabinet on Friday, said that the creation of a new 75 percent tax on millionaires and higher marginal tax rates on high earners would raise some 530 …
A skewed situation, which even for many wealthy seems prohibitive. So they are now demanding, in our profile, higher taxes on wealth - and to lower those on work." Social-Democratic Chancellor Werner Faymann has proposed a …
Millionaires are defined as those with net assets of more than $1 million, working and living in the country including expats. France is also among the top three countries with high exodus because of high taxes – new president Emmanuel …
Flush French are fleeing the new government's attempts to repair France's public finances by increasing taxes... Among the controversial proposals in the 2013 draft budget is a 75% tax rate on salaries higher than $1.3 million, up from less …
self-doubt gripped France. The beloved French actor Gerard Depardieu—who recently played Obelix, an even more beloved French comic book character—announced he was moving to Belgium because President Francois Hollande had …
Instead, he whinged, only wealthy foreign residents should have to fork out. The Scot, 66, said: “I’ve got a villa in France and I pay £40,000 a year tax on it. But there only foreign residents pay. I feel the same rules ought to apply to any UK ...
WASHINGTON – President Barack Obama has been trying to sell his new “millionaires’ tax” to the Rust Belt ... That might have been true in pre-revolutionary France, where the nobility was exempt from most taxation (and why so many were …