Since 2000, France has experienced a net outflow of 60,000 millionaires, according to research group New World Wealth. “Removing the wealth tax would help to repatriate the wealth of people who’ve moved to Belgium, Switzerland …
A hefty tax on France’s top earners that President Francois Hollande had touted as a key measure of his election campaign may be less tough on the rich than originally expected, Le Figaro daily reported on Thursday. The right …
PARIS — It was supposed to force millionaires to pay tax rates of up to 75 percent: "Cuba without the sun," as described by a critic from the banking industry. Socialist President Francois Hollande's super tax was rejected by a …
France may need to worry about people leaving the country ... It is over that sort of time horizon that the true effects of the Millionaire Tax will be felt. It is therefore inappropriate to try to divine too much from the most immediate reactions alone.
FORTUNE -- When New Jersey governor Chris Christie heard British Prime Minister David Cameron invite France's wealthy to decamp ... understood that capital is fickle, and millionaires are mobile. High top tax rates are the equivalent of a …
PARIS—French President François Hollande has finally got his super tax on high incomes after the country’s highest court upheld the law’s latest version. Hollande originally promised a 75 per cent tax on income over 1 million euros ($1.38 …
PanARMENIAN.Net - The French government on Tuesday, February 28 slammed a proposal by Socialist presidential frontrunner Francois Hollande to slap a 75-per-cent tax on millionaires, saying such a punitive tax could drive away …
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 …
To get an idea of what the results might look like, we can look at the most recent example of a nation that was actually willing to give a millionaire tax a shot: France. The French implemented a 75% tax on companies that pay more …
PARIS (AP) — It was supposed to force millionaires to pay tax rates of up to 75 percent: "Cuba without the sun," as described by a critic from the banking industry. Socialist President Francois Hollande's super tax was rejected by a …