President Francois Hollande got the approval he sought from France’s constitutional court to go ahead with a tax that mandates millionaires — those who earn more than a million euros a year, or just under $1.37 million — pay 75 percent of their ...
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 "millionaire's tax" that would ...
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 threatened to tax millionaires ...
Slate · 5y
The protests were seen as the expression of growing frustration nation-wide with the escalating tax burden on businesses and households. Taxes have risen 70 billion euros (96 billion dollars) in the past three years, as France battles to shrink its budget ...
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 than 50% currently.
China ranked second in millionaire flight, with 9,000 leaving, followed by Brazil with 8,000. Millionaires are leaving France because of high taxes on the wealthy as well as rising religious tensions, Amoils said. "At least in China, the millionaires who ...
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 subjected ...
the tax police officer in charge of the investigation. Tax evasion is a huge problem in debt-ridden Italy, reported Agence-France Presse.
There has been a lot of talk about millionaires fleeing the U.S ... And only 2% were thinking of moving to such noted tax havens as Switzerland or the Cayman Islands. The No. 1 destination was France–not exactly a low-tax nation. The U.S. ranked second ...
French President Francois Hollande and eight of his 37 ministers are millionaires, according to the national ... The €1 million figure acquired special status in France under Hollande because he came to office promising to tax people who earn more ...
EUobserver · 5y